Baisheng Group (03368) announced interim results. Profit attributable to shareholders of 22.957 million yuan increased 2.18% year-on-year

According to the Zhitong Finance App, Baisheng Group (03368) announced interim results for the six months ended June 30, 2026. The group's total operating revenue was RMB 1,739 million (same unit), a year-on-year decrease of 9.99%; profit attributable to the company owner was RMB 22.957 million, an increase of 2.18% over the previous year; and profit per share was 0.009 yuan.

During the period under review, the Group obtained total sales proceeds of $3,532 billion (including VAT), a decrease of 15.0% compared with the same period last year. This change is mainly due to the fact that consumers are experiencing structural changes in the content and methods of spending. In addition, some stores are gradually transforming from traditional department stores to shopping malls, leading to a corresponding decline in franchise counter sales and direct sales. Same-store sales decreased by 13.5% during the review period. During the review period, the Group achieved operating profit of 235 million yuan, a decrease of 8.6% compared with 257.6 million yuan in the same period last year.