Chongqing Department Store (600729.SH) recorded a net profit attributable to its parent company of 774 million yuan in the first half of the year, an increase of 8.74% compared to the same period last year.

Intelligence Finance APP News, Chongqing Department Store (600729.SH) released the 2025 interim performance report. In the first half of the year, the company achieved operating income of 8.042 billion yuan, a year-on-year decrease of 10.45%. This is mainly due to increased competition in the company's industry, with the traditional fuel vehicle business facing severe challenges, prompting the company to accelerate its transformation to new energy vehicles. The sales model for new energy vehicles is mainly through consignment sales. Compared to the distribution model for fuel vehicles, although operating income has decreased, the gross profit margin has significantly increased, helping to improve the company's operational efficiency. During the reporting period, the net profit attributable to shareholders of the listed company was 774 million yuan, an increase of 8.74% year-on-year.