Core Insights - The company reported a revenue of 5.607 billion RMB for the six months ending June 30, 2025, representing a year-on-year increase of 29.35% [1] - Gross profit reached 1.602 billion RMB, up 8.02% compared to the previous year [1] - Shareholders' profit attributable to the company was 108 million RMB, with basic earnings per share of 0.26 RMB [1] Revenue Breakdown - Revenue from furniture, home furnishings, and household appliances increased from 2.884 billion RMB for the six months ending June 30, 2024, to 3.277 billion RMB, marking a growth of 13.6% [1] - The increase in revenue is attributed to the expansion of product sales and the provision of more logistics solutions by the company [1]

Core Viewpoint - Aoki Holdings (02519) reported a significant increase in revenue and profit for the six months ending June 30, 2025, driven by expanded product sales and logistics solutions [1] Financial Performance - Revenue reached 5.607 billion RMB, representing a year-on-year increase of 29.35% [1] - Gross profit amounted to 1.602 billion RMB, with a year-on-year growth of 8.02% [1] - Shareholder profit stood at 108 million RMB, with basic earnings per share of 0.26 RMB [1] Product Sales - Sales revenue from furniture, home goods, and appliances rose from 2.884 billion RMB for the six months ending June 30, 2024, to 3.277 billion RMB for the same period in 2025, marking a 13.6% increase [1]

Core Viewpoint - Aoki (Shenzhen) Cross-Border Commerce Co., Ltd. reported its 2024 annual performance, highlighting both growth in revenue and challenges in profitability, with net profit declining despite a significant revenue increase [1][7]. Financial Summary - Revenue for 2024 reached RMB 10.71 billion, a 23% increase from RMB 8.68 billion in 2023 [2]. - Net profit for 2024 was RMB 504.3 million, down 5.2% from RMB 532 million in 2023 [2][6]. - Gross profit for 2024 was RMB 3.30 billion, with a gross margin of 30.8%, down nearly 4 percentage points from 34.5% in 2023 [2][7]. Business Segments - The logistics solutions segment saw significant growth, with revenue of RMB 2.44 billion in 2024, a 47.7% increase from RMB 1.65 billion in 2023, contributing 22.8% to total revenue [4][5]. - Sales of furniture, home appliances, and related products generated RMB 6.74 billion, a 14.6% increase, accounting for 63% of total revenue [6]. - Sales of power tools surged by 113.6%, reaching RMB 741.7 million [6]. Challenges - The company faced a decline in overall product sales revenue, which fell to RMB 8.27 billion, a 17.6% decrease from the previous year [6]. - Gross margin for product sales decreased from 39.2% in 2023 to 36.2% in 2024, attributed to rising logistics costs [7]. - The company did not declare a final dividend for 2023 and 2024 but proposed a special dividend of RMB 0.25 per share, totaling approximately RMB 1.038 billion [7].