Xinjiang Winka Times Dept

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Huijia Times first-half net profit attributable to parent rises 46.4% to 98.16 million yuan

Huijia Times released its 2026 half-year report. Net profit attributable to the parent in the first half was 98.16 million yuan, up 46.4% year-on-year. Operating revenue was 1.33 billion yuan, up 5.0% year-on-year. Net profit attributable to the parent after deducting non-recurring items was 92.89 million yuan, up 47.1% year-on-year. Net operating cash flow was 257 million yuan, up 98.7% year-on-year. Net profit attributable to the parent in the second quarter was 33.73 million yuan, up 231.3% year-on-year. The company has established a multi-format commercial network in Xinjiang, including four department stores, five shopping centers, and twelve standalone supermarkets. Store foot traffic increased by 36.30% compared to the same period last year.

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Huijia Times first-half net profit jumps over 40% as supermarket revamp gains traction

Xinjiang retail leader Huijia Times has released its half-year report, with net profit attributable to the parent company rising 46.4 percent year on year to 98.158 million yuan. The company achieved revenue of 1.335 billion yuan, up 4.98 percent, of which supermarket revenue reached 803 million yuan, a 10.55 percent increase, and gross margin improved by 2.09 percentage points to 21.8 percent, becoming the main driver of profit growth. In the first half, the company continued to push forward its supermarket revamp by learning from Pangdonglai, clearing out 2,300 slow-moving SKUs and introducing 2,000 high-quality products, with new items contributing 10 percent of revenue. The department store segment remained under pressure, with revenue falling 7.61 percent year on year to 284 million yuan and gross margin declining by 4.45 percentage points. The company stated it has no plans for large-scale new store openings and will focus on revamping existing stores and turning around loss-making outlets.

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Huijia Times subsidiary plans to purchase related-party commercial properties for 220 million yuan

A wholly owned subsidiary of Huijia Times plans to purchase two commercial properties from related parties for a total of 220 million yuan. Fukang Huijia intends to buy part of a commercial building and a commercial street at Fukang Huijia Plaza from Fukang Huijia Real Estate, with a building area of approximately 38,600 square meters and a transaction price of about 130 million yuan. Korla Huitou intends to buy part of the Tianhu Jiayuan property from Korla Peacock Hengyu Real Estate, with a building area of approximately 20,200 square meters and a transaction price of about 90.12 million yuan. The counterparties are both companies controlled by Pan Jinhai, the actual controller of the company, making these related-party transactions. The company stated that the move aims to improve its commercial business layout and increase the proportion of self-owned properties. In the first quarter of 2026, Huijia Times achieved revenue of 760 million yuan and net profit attributable to the parent company of 64.43 million yuan.

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Huijia Times expects first-half 2026 net profit to rise 43.18%–59.59% year-on-year

Huijia Times announced that it expects net profit attributable to shareholders of the listed company for the first half of 2026 to be between 96 million yuan and 107 million yuan, representing a year-on-year increase of 43.18% to 59.59%. The change in performance is mainly due to the continued release of dividends from the supermarket format transformation, with direct sourcing of fresh produce and supply chain optimization driving gross margin improvement, while the department store format performance stabilizes, online instant retail generates incremental growth, and refined cost control boosts profitability.

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