GUOQUAN (02517) Reports Interim Results with Shareholders' Profit of RMB 183 Million, Up 113.22% YoY

Stock News
08/04

GUOQUAN (02517) announced its results for the six months ended June 30, 2025. The group achieved revenue of RMB 3.24 billion, representing a year-on-year increase of 21.56%. Profit attributable to owners of the parent company reached RMB 183 million, up 113.22% compared to the same period last year. Basic and diluted earnings per share were 0.0684 yuan.

During the first half of 2025, the group maintained its strategic positioning as a "community central kitchen." Through multi-channel and multi-scenario deployment, combining online and offline approaches, the company deeply explored consumer demand, developed and iterated product portfolios, enhanced store operation management capabilities, and improved membership ecosystem construction. These initiatives formed a comprehensive instant retail store network.

The number of stores increased from 9,660 as of June 30, 2024, to 10,400 as of June 30, 2025, covering all 31 provinces, autonomous regions, and municipalities across the country. Based on its deep understanding of the sinking market, the group achieved notable performance in store expansion in township markets, with a net addition of 270 township stores during the first half of 2025.

The new township stores differ from standard community stores in terms of product structure and store display, better meeting the consumer needs of township markets. To better serve consumption scenarios such as late-night snacks and home dining, the group also launched a new store format featuring 24-hour unmanned retail stores. During the first half of 2025, the company completed smart and unmanned transformation of over 2,000 retail stores.

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