Red Flag Chain: 2025 Total Operating Revenue Down 5.61%, Total Profit Up 9.41%

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On March 25, Hongqi Chain released its 2025 performance quick report. It disclosed that in 2025, the company achieved a total operating revenue of 9.556 billion yuan, a year-on-year decrease of 5.61%; total profit of 658 million yuan, a year-on-year increase of 9.41%. This was partly due to the company’s optimization and adjustment of stores, as well as actively improving management efficiency, with significant reductions in sales expenses and administrative costs, effectively offsetting external environmental impacts. During the reporting period, the operating performance of the company’s investment in Xinwang Bank was good, and investment income increased accordingly. Due to policy adjustments and the impact of previous period income tax from its wholesale subsidiaries, net profit attributable to shareholders of the listed company decreased by 7.78% year-on-year, recording 481 million yuan, with little impact on subsequent operating profits.

The announcement notes that the financial data for 2025 contained in this announcement are preliminary calculations, audited by the company’s internal audit department, but not audited by an accounting firm. There may be discrepancies with the final data disclosed in the annual report. Investors should be aware of investment risks.

(Company Announcement)

(Edited by: Wang Can, Lin Chen)

Keywords: Retail

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