Guangzhou Restaurant Group disclosed its semi-annual performance flash report. In the first half of 2026, total operating revenue reached 2.178 billion yuan, up 9.39% year-on-year, but net profit attributable to the parent was only 30.83 million yuan, down 21.15% year-on-year. The company explained that the closure of some restaurant outlets and asset disposal and scrapping from plant and equipment renovation led to an increase in non-recurring losses, dragging down profit performance. Basic earnings per share were 0.0542 yuan.
Guangzhou Restaurants Group CoNet profit attributable to parent fell 21.15% year-on-year due to increased non-recurring losses from outlet closures and asset disposals.
