MIXUE GROUP (02097) released its interim results with a net profit attributable to shareholders of 2.693 billion yuan, an increase of 42.9% year-on-year.

date
27/08/2025
avatar
GMT Eight
MEX Snow Group (02097) released its interim results for the six months ended June 30, 2025, with revenue of 148.7...
MIXUE GROUP (02097) releases its interim performance for the six months ended June 30, 2025, with revenue of 14.875 billion yuan, a year-on-year increase of 39.32%; gross profit of 4.706 billion yuan, a year-on-year increase of 38.31%; attributable net profit to shareholders of 2.693 billion yuan, a year-on-year increase of 42.9%; basic earnings per share of 7.23 yuan. The announcement stated that the increase in revenue was mainly attributed to the increase in revenue generated from sales of goods and equipment, followed by the increase in revenue generated from franchise and related services. Specifically, the gross profit margin of sales of goods and equipment decreased from 30.5% for the six months ended June 30, 2024, to 30.3% for the six months ended June 30, 2025, mainly due to the rise in certain raw material procurement costs and changes in the revenue structure. The gross profit margin of the Group's franchise and related services increased from 81.7% for the six months ended June 30, 2024, to 82.7% for the six months ended June 30, 2025, mainly due to the continuous expansion of the Group's franchise store network, enhancing economies of scale. As of June 30, 2025, the Group has built a large store network, providing high-quality and affordable products to consumers through over 53,000 stores worldwide. Among them, the store network in mainland China covers 31 provinces, autonomous regions and municipalities, over 300 prefecture-level cities, and all county-level cities. The breadth and depth of the Group's store network set it apart from other domestic instant beverage brands in mainland China. As of June 30, 2025, the Group has opened approximately 4,700 stores outside mainland China, steadily advancing its globalization strategy by continuously deepening its presence in the Southeast Asian market and timely exploring new markets.