Best Food Holdings narrows losses in first half of 2025

For the first half of 2025, Best Food Holding Company Limited and its subsidiaries (the "Group") reported total system sales of RMB1,716m, remaining stable compared to the same period in 2024. However, revenue decreased by 22.0% to RMB190.3m, primarily due to intense market competition. The Group successfully reduced its loss for the period to RMB36.2m, an improvement from RMB46.6m in the first half of 2024, attributed to decreased operating losses and enhanced profitability of its associates.

Key financial adjustments include a 16.3% decrease in raw material costs and a 27.7% reduction in employee benefit expenses. The Group's total assets stood at RMB772,973 as of June 30, 2025. Strategic initiatives like innovative operational models and brand upgrades were implemented to counter market challenges.

The Group continues to leverage its "Co-Creation Camp" platform to diversify revenue streams and foster innovation. No interim dividend was declared for the six months ended June 30, 2025.