Revenue for the six months ended 30 June 2025 was RMB7,463.4 million, down 11.0% year-over-year, mainly due to increased centralised procurement, intensified competition, and strategic business adjustments.
Gross profit decreased by 10.5% to RMB3,634.6 million, but gross margin improved slightly to 48.7% due to sales structure optimization.
Net loss for the period was RMB141.8 million, compared to a profit of RMB214.1 million in the prior year, mainly due to lower sales, goodwill impairment, and increased credit loss provisions.
No interim dividend was declared for the period.