Green Tea Group Reports First-Half Profit Growth with Adjusted Net Income Up 16.9%

Stock News
Aug 24

Green Tea Group (06831) has released its interim results for the six months ended June 30, 2026, posting revenue of RMB 2.675 billion, a year-on-year increase of 16.8%. Profit attributable to equity shareholders of the company reached RMB 291 million during the period, up 24.4% compared to the same timeframe last year, while adjusted net profit climbed 16.9% to RMB 294 million. Earnings per share stood at RMB 0.46.

According to the company's announcement, revenue generated from restaurant operations grew 14.6% year-on-year, rising from RMB 1.758 billion in the first half of 2025 to RMB 2.014 billion in the corresponding period of 2026. This increase was primarily driven by a larger number of restaurants in operation and enhanced operational efficiency at newly opened locations.

Meanwhile, the group's average spending per customer remained relatively steady, edging up slightly from RMB 58.0 in the six months ended June 30, 2025, to RMB 58.5 in the same period of 2026.

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