Yonghui Superstores has released its 2026 half-year performance pre-profit announcement, expecting a net profit attributable to the parent company of 250 million yuan, an increase of 490 million yuan compared to the same period last year, achieving a turnaround from loss to profit. The overall gross margin rose by 1.6 percentage points year-on-year, while the period expense ratio fell by 1.8 percentage points year-on-year, mainly due to store renovations, product mix optimization, supply chain reforms, and cost control measures. As of June 30, the company had completed renovations at 331 stores and closed underperforming tail-end stores, with renovated stores showing significantly improved operating performance. In addition, the company's holdings of US-listed Advantage Solutions Inc. shares generated a fair value change gain of 89 million yuan.
Advantage Solutions IncYonghui's holdings of Advantage Solutions shares generated a fair value gain of 89 million yuan, boosting Yonghui's profit.
Yonghui Superstores Co LtdYonghui expects first-half net profit of 250 million yuan, turning around from loss, driven by store renovations, product mix optimization, supply chain reforms, and cost control.