28 August 2025 | 1:58AM HKT Mao Geping Cosmetics Co. (1318.HK): First Take: 1H25 Sales/NI at mid-point of profit alert; OP beat on lower selling expenses ratio yet Source: Company data, Goldman Sachs Global Investment Research, Visible Alpha Consensus Data Key operating metrics in 1H25 Sales: 31% yoy in 1H25 to RMB2,588m, 2% lower than GSe mainly due to weaker performance of skincare and online channel. n By category: Color cosmetics sales grew by 31% yoy in 1H25 to RMB1,422m, of 55% sales mix, down 0.1ppt ...