Yonghui Supermarket (601933.SH) released semi-annual results, with net profit of 253 million yuan to mother, turning a year-on-year loss into profit

According to Zhitong Finance App News, Yonghui Supermarket (601933.SH) disclosed the 2026 semi-annual report. During the reporting period, the company achieved operating income of 23.791 billion yuan, a year-on-year decrease of 20.56%; net profit attributable to shareholders of listed companies was 253 million yuan, which turned a year-on-year loss into a profit; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 38.9 million yuan, which turned a year-on-year loss into a profit; and basic earnings per share were 0.03 yuan.

The company's revenue during the reporting period was 23.791 billion yuan, down 20.56% from the same period last year. The decline in revenue was mainly due to factors such as the start of a deep transformation of the company's overall strategy and operation in the second half of 2024, the closure of stores with long-term operating losses, and the closure of stores during the restructuring period. Although the revenue of the revised stores increased compared to the same period, it was still impossible to make up for the decline in revenue due to store closures.

The company's net profit attributable to mother during the reporting period was 253 million yuan. The main reason for this period's total profit and net profit transfer to mother is due to the fact that as of June 30, 2026, the company has completed a total of 331 store adjustments, which has greatly increased the overall profitability of stores: during the reporting period, due to continuous deepening of supply chain reforms and a steady increase in the sales share of private brand products, the company's overall gross margin increased 1.7 percentage points year on year; as the company's operating efficiency continued to improve, the cost rate for the period fell 1.8 percentage points year on year; during the same period last year, the company carried out large-scale store restructuring work, and the current phase of the restructuring and operation entered the second phase of improving quality and efficiency. Slowly, the current one-time transformation investment decreased significantly compared to the same period last year; the company's shares of the US listed company Advantage Solutions Inc. generated fair value change earnings of 89 million yuan due to rising stock prices.