业绩回顾1HFY25 业绩符合我们预期公司公布1HFY25（2024 年7 月-12 月）业绩：收入31.56 亿元，同比+5.0%；归母净利润6.00 亿元，同比+4.7%。1HFY25 业绩符合我们预期。公司宣布派发中期股息0.45 港元/股，对应中期派息率约37%。积极拓展经销门店，高价值会员人数稳步提升。分渠道看，1HFY25 直营/经销/电商渠道收入分别同比-7.7%/+14.2%/+...
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