BEST FOOD HLDG (01488) announced its interim results for the six months ended June 30, 2025. The group recorded revenue of RMB 190 million, representing a 22% year-over-year decrease. During the period, the adjusted loss was RMB 15.419 million, down 42.25% compared to the same period last year. Loss attributable to equity holders of the company was RMB 32.859 million, decreasing 27.18% year-over-year, with loss per share of 2.08 cents.
The group's total system sales (including sales from both directly operated and franchised restaurants under all brands of the group and its associates) for the first half of 2025 reached RMB 1.716 billion, remaining stable compared to 2024. As of June 30, 2025, the total number of stores under all brands of the group and its associates reached 1,131, basically stable compared to the first half of 2024.
In the first half of 2025, system sales from directly operated and franchised restaurants under the group's own brands totaled RMB 274 million, down 13.6% compared to the same period in 2024. Financial statement revenue was RMB 190 million, down 22.0% year-over-year compared to the same period in 2024, mainly due to intense market competition.