PAGODA GP (02411) releases annual performance results, revenue of 8.174 billion yuan.

PAGODA GP (02411) announced its annual performance for the year ending December 31, 2025. The group achieved a revenue of RMB 8.174 billion; the company's owners suffered a loss of RMB 317 million, with a loss per share of 20.83 cents, and intends to distribute a final dividend of RMB 0.005 per share. In 2025, the company firmly implemented the core strategy of "high quality and high cost-effective fruit expert and leader" through the following measures to enhance the quality of service, including improving the refund policy and gift return service, upgrading store service standards, optimizing the product mix by upgrading and updating gift product standards and packaging, deepening the strategy of "large single product with flow attributes" and "seasonal products with extreme cost-effectiveness", and comprehensively upgrading the digitalized system around the retail core links to promote the improvement of store management capabilities and operational efficiency. As a result, the company's operational and financial performance have both improved. Throughout the year, the company's losses narrowed compared to 2024, mainly attributed to profits generated in the second half of 2025. By encouraging franchisees to relocate or close stores with high rental and labor costs or poor operating performance, and concentrating more resources on advantageous stores, the company further optimized its store network. The company believes that its current retail stores are healthier and more efficient. After optimizing the store network over the past two years, the company has returned to a sustainable store expansion strategy. The total number of the company's retail stores increased from 4,386 as of June 30, 2025, to 4,468 as of December 31, 2025, with a net increase of 82 stores, laying a solid network foundation for future market share and profit growth. This marks the completion of the strategic adjustment of the existing franchise business by the group, and officially opens a new phase of development characterized by a turnaround to profitability and growth momentum.