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Xiamen Yan Palace Bird's Nest Industry (1497) investor relations material
Xiamen Yan Palace Bird's Nest Industry H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
H1 2026 revenue rose 16.5% YoY to RMB1,181.9m; net profit rose 42.9% to RMB110.7m, with gross profit up 20.3% to RMB634.8m.
Growth reflected core-product focus, broader consumption scenarios and portfolio expansion, alongside higher online and offline sales.
Financial highlights
Revenue increased 16.5% YoY to RMB1,181.9m; gross profit increased 20.3% to RMB634.8m.
Operating profit was RMB147.5m vs RMB113.3m; profit before tax was RMB145.0m vs RMB110.0m.
Net profit was RMB110.7m vs RMB77.5m; RMB107.4m was attributable to equity shareholders vs RMB75.3m.
Net cash from operating activities was RMB190.0m vs RMB229.6m; cash and equivalents ended June at RMB690.9m, up from RMB636.1m at year-end.
Outlook and guidance
H2 priorities: refresh pure EBN products, develop functional EBN+ and lightweight +EBN products, expand YANPEP, improve core-city stores and deepen e-commerce, membership, new retail and KA channels.
Management expects healthcare consumption demand and industry concentration to continue rising, while citing competition and external-environment uncertainty.
- Higher margins and earnings offset softer H1 sales as growth efforts broaden across products and channels.1497
H1 2025 - Online-led revenue growth was offset by lower margins and sharply higher promotion costs.1497
H1 2024 - Revenue grew 13.5%, with faster EBN-plus growth and continued investment in capacity.1497
H2 2023 - Revenue grew, but higher selling costs and a weaker margin cut FY2024 profit.1497
H2 2024 - Efficiency lifted gross margin and profit despite softer revenue.1497
H2 2025
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