GUMING (01364) announced its interim results for the six months ended June 30, 2025, reporting revenue of RMB 5.663 billion, representing a year-on-year increase of 41.24%. Shareholders' profit reached RMB 1.625 billion, surging 121.51% compared to the same period last year. Basic earnings per share stood at RMB 0.72.
According to the announcement, the group's revenue primarily derives from the sale of goods and equipment to franchisees as well as the provision of services. Revenue from sales of goods and equipment constitutes the vast majority of the group's total revenue, accounting for 79.1% and 79.4% of total revenue in 2024 and the first half of 2025, respectively.
Related revenue increased by 41.8% from RMB 3.170 billion for the six months ended June 30, 2024, to RMB 4.4962 billion for the six months ended June 30, 2025. This growth was attributed to the expansion of the group's store network and increased gross merchandise value (GMV), which led to higher demand for the group's products.