Baifu Holdings (01488) announced interim results, with a loss of 24.417 million yuan to the mother, a year-on-year decrease of 25.69%

According to the Zhitong Finance App, Baifu Holdings (01488) announced interim results for the six months ended June 30, 2026. The group obtained revenue of RMB 169 million, a year-on-year decrease of 11.11%; losses attributable to equity holders attributable to the company were RMB 24.417 million, a year-on-year decrease of 25.69%; and a loss of 1.55 points per share.

According to the announcement, the Group's total system sales for the first half of 2026 (including sales of direct-run and franchised restaurants of all brands under the Group and associated companies) was 1,875 billion yuan, an increase of 9.3% over the same period in 2025; the number of stores of all brands under the Group and associated companies reached 1,179 as of June 30, 2026, an increase of 4.2% over the same period in 2025. In the first half of 2026, total system sales of direct-run and franchised restaurants of the Group's brands were 239 million yuan, a decrease of 12.7% compared with the same period in 2025; financial statement revenue was 169 million yuan, down 11.1% from the same period in 2025, mainly due to intense market competition.