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Store adjustments have entered the "deep water zone". Yonghui Superstores: The goal is to achieve significant loss reduction in the short term | Directly cover the Earnings Conference.
① Chairman of Yonghui Superstores, Zhang Xuansong, stated that the company's goal is to significantly reduce losses in the short term and quickly enter a stable profitability state; ② Management revealed that there will still be store closures this year, and the impairment provisions involved have been fully considered in the 2024 report; ③ Affected by the back-end strategy, the company's overall gross margin has declined year-on-year in the first three months of this year, and the company expects that supply chain adjustments will have a positive impact on gross margin.
Yonghui Superstores (601933.SH) announced its performance for the year 2024, with a net loss attributable to shareholders of 1.465 billion yuan, and the loss has expanded.
Yonghui Superstores (601933.SH) released its annual report for 2024, with the company's revenue for the year 2024 at 67...
Yonghui Supermarket Co., Ltd. 2024 Annual Report
Summary of the 2024 Annual Report of Yonghui Supermarket Co., Ltd.
Yonghui Supermarket Co., Ltd. Report for the first quarter of 2025
Yonghui Superstores: In the first quarter, revenue and net profit both declined, prompting a change in product selection and pricing strategy | Interpretations
① Yonghui Superstores achieved revenue of 17.479 billion yuan in Q1, a year-on-year decrease of 19.32%; the Net income attributable to the parent company was 0.148 billion yuan, a year-on-year decrease of 79.96%. ② The company’s 41 "stable adjustment stores" accumulated profits of 74.72 million yuan in the first quarter of this year. ③ The company stated that there will be significant changes in product selection and pricing strategy in the future, based on which the gross margin of the Commodity will be further restored and increased.
Yonghui Superstores (SHSE:601933) Investors Are Sitting on a Loss of 67% If They Invested Five Years Ago
