report shows that in the first half of 2022, Yonghui achieved operating income of 48.732 billion yuan, a year-on-year increase of 4.07%. Yonghui Supermarket said this was mainly due to the improvement in the external market competition environment in the first half of the year compared with the previous year, and the company's operations gradually stabilized.
In the first half of 2022, Yonghui Supermarket’s net profit attributable to the parent company was -112 million yuan, and the net profit attributable to the parent company after deducting non-profit items was 94 million yuan, an increase of 971 million yuan and 1.019 billion yuan respectively compared with the same period in 2021. Yonghui Supermarket said that mainly due to effective cost control, the comprehensive gross profit margin increased by 1.53 percentage points year-on-year to 20.35%. The loss of net profit attributable to the parent company was mainly affected by the decline in the fair value of trading financial assets. During the reporting period, Arowana and KT held by Yonghui Supermarket confirmed a loss of 436 million yuan in changes in fair value due to the decline in stock prices.
Yonghui Supermarket stated that the retail industry is currently in the post-epidemic era and continues to be fiercely competitive. In a highly competitive market environment, Yonghui Supermarket is now in the digital transformation stage, and its business formats include large supermarkets and online home delivery.
In terms of online business, in the first half of 2022, Yonghui Supermarket’s online business revenue was 7.59 billion yuan, a year-on-year increase of 11.5%, accounting for 15.7% of the main omni-channel revenue, an increase of 1.6 percentage points compared with the same period in 2021. The loss rate was 1.6%, a significant reduction from the previous year, mainly due to the continued improvement in commodity strength and operational efficiency in the first half of the year. During the reporting period, "Yonghui Life" self-operated home delivery business has covered 992 stores (Yonghui Life), achieving sales of 4.02 billion yuan, a year-on-year increase of 9.2%, with an average daily order volume of 292,000 orders and an average monthly repurchase rate. 51.2%. In terms of
offline business, in the first half of 2022, Yonghui Supermarket opened 20 new supermarket stores with an area of 121,800 square meters, closed 17 supermarket stores, and has opened a total of 1,060 stores, covering 29 provinces and municipalities across the country. In the first half of the year, there were 137 signed stores but not yet opened, with a reserve area of 994,700 square meters. (Text | Zheng Haojun)
