Yonghui Supermarket: Overall stable profitability of renovated stores entering the stable operation period.
On August 21st, Yonghui Supermarket held a mid-year performance briefing for the year 2025. The company's Chief Financial Officer, Wu Kai, stated that sales after the completion of store adjustments showed a significant increase compared to before the adjustments, and the overall adjusted stores that have entered a stable operation period are also now in a stable profit state. Due to a higher number of store closures in 2025, the overall annual revenue will be lower than that of 2024. However, the remaining ongoing operating stores are expected to achieve a significant year-on-year sales growth in the second half of the year due to the steady progress of the adjustment work. Due to the short-term pain of the adjustment and transformation work, the profit level for 2025 will continue to be under pressure, but it is expected to significantly improve after the fourth quarter.
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