Shuyu Minmin first-half net profit attributable to parent falls 28.9% year on year to 25.78 million yuan

Earnings
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Shuyu Minmin released its 2026 half-year report, with net profit attributable to the parent company of 25.78 million yuan, down 28.9% year on year. Operating revenue was 5.31 billion yuan, up 8.9% year on year. Net profit attributable to the parent after deducting non-recurring items was 24.76 million yuan, down 21.5% year on year. Net operating cash flow was 43.7 million yuan, down 68.3% year on year. Second-quarter net profit attributable to the parent was 15.42 million yuan, up 45.1% year on year. The company said that amid structural adjustment in the industry, the number of stores has declined, and it has closed some low-efficiency stores while continuing to advance digital transformation to improve operational efficiency.

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