CHABAIDAO (02555) has released its interim results for the six months ended June 30, 2026. The group recorded a revenue of RMB 2.655 billion, marking a 6.21% increase year-on-year. Net profit attributable to shareholders of the company stood at RMB 336 million, up 3.2% compared to the same period last year, with earnings per share of RMB 0.228.
During the reporting period, the group proactively addressed shifts in the external market landscape by advancing a multi-category development strategy. It has systematically expanded store coverage for freshly brewed coffee products, further enriching its product portfolio and consumption scenarios, while sustaining steady single-store sales performance. The group also continued to refine its domestic and international store network layouts, driving steady network expansion. Concurrently, it has strengthened store management, supply chain support, and operational process construction to enhance refined store-level operations and business quality, providing robust support for long-term stable store performance and sustained network growth.
The CHABAIDAO store network now spans cities at all tier levels across mainland China as well as multiple overseas markets. In mainland China, the group continues to solidify its market presence in first-tier and new first-tier cities, elevating brand awareness and aligning closely with consumer trends, while also deepening its footprint in lower-tier cities to broaden store coverage and market penetration. Overseas, the group is steadily expanding into markets with strong consumption potential and brand compatibility, gradually widening its store network and brand reach. Through ongoing optimization of domestic and international store placements, the group has further connected with a diverse customer base, laying the groundwork for the long-term, stable growth of its store network.
During the reporting period, the group focused on enhancing the operational quality of its store network while simultaneously broadening coverage and steadily advancing expansion. The total number of stores globally increased from 8,465 as of June 30, 2025, to 8,863 as of June 30, 2026, reflecting a 4.7% year-on-year growth. Among these, store count in mainland China grew from 8,444 to 8,791 over the same period, up 4.1% year-on-year, while overseas stores rose from 21 to 72, marking steady progress in international market development.
In the reporting period, the group continued to deepen its presence in lower-tier markets, tailoring store formats and refining site-selection strategies based on the distinct characteristics of various city tiers and business districts to boost operational efficiency. Store numbers in third-tier and below cities increased from 3,825 as of June 30, 2025, to 4,099 as of June 30, 2026, representing a 7.2% year-on-year growth.
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