JINGKELONG released its interim results, with a net loss attributable to the parent company of 109 million yuan, an increase of 19.11% year-on-year
JINGKELONG released its interim results for the period ending June 30, 2025, with operating revenue of 4.39 billion yuan, a year-on-year decrease of 11.53%; net loss attributable to shareholders of 109 million yuan, a year-on-year increase of 19.11%; basic loss per share of 0.26 yuan. Retail business revenue decreased by approximately 20.9%, while wholesale business revenue decreased by approximately 5.0%
According to the Zhitong Finance APP, Beijing JINGKELONG (00814) released its interim results for the six months ending June 30, 2025, reporting operating revenue of RMB 4.39 billion, a year-on-year decrease of 11.53%; a loss attributable to shareholders of the parent company of RMB 109 million, a year-on-year increase of 19.11%; and a basic loss per share of RMB 0.26.
The announcement stated that the main business revenue primarily comes from the sale of food, non-food items, daily consumer goods, beverages, and alcohol. During the reporting period, the group's retail business main revenue decreased by approximately 20.9%, mainly due to lease expirations and adjustments in business strategy, leading to the closure of some stores and a resulting decline in sales compared to the same period last year. The wholesale business main revenue decreased by approximately 5.0%, mainly due to the impact of upstream supply chain fluctuations and market price adjustments on the alcohol business, resulting in a decline in sales revenue; the grain and oil category saw a decrease in main business revenue due to some channels transitioning to a direct sales model and a reduction in sales through the Wumart system
