China's local chain coffee brand Ruixing Coffee has revenue more than 10 billion yuan (RMB, the same, the same, about 1.9 billion yuan) in the first half of this year, which is a profit from the same period last year.
According to the surging news report, the second quarter financial report released by Ruixing Coffee on Tuesday (August 1) shows that it has been promoted by the increase in sales, the accelerated expansion of the store, and the increase in the number of monthly transactions.The total revenue of Ruixing Coffee was about 6.2 billion yuan, an increase of 88%year -on -year.At the same time, the second quarter achieved a profitable profit, and the net profit attributable to the mother was 999 million yuan, and the loss was 115 million yuan in the same period last year.
In addition, the total revenue of Ruixing Coffee in the first half of the year was 10.638 billion yuan, an increase of 86.53%year -on -year; the net profit of the mother was 1.564 billion yuan, and the loss of 94.872 million yuan in the same period last year.
On the other hand, Starbucks on Wednesday (August 2) data released by Starbuck(About S $ 1.09 billion), less than RMB 6.2 billion (about S $ 1.16 billion) in the second quarter of Ruixing.According to reports, this is the first time that Ruixing Coffee has surpassed Starbucks China in the quarterly revenue.
In terms of the number of stores, in the second quarter of this year, Ruixing Coffee achieved its first 10,000 -store target, becoming the first chain coffee brand in the Chinese market.Among them, there were 1,485 net new stores in the second quarter, with a total number of stores increased by 15.9%month -on -month. As of the end of the second quarter, the total number of stores reached 10,000 836, of which 7,188 self -operated stores and 3,648 joint -constructive stores.
The chairman and CEO of Ruixing Coffee, Guo Jinyi, said at the financial report and telephone that the domestic coffee consumption market has huge potential, and the size of Ruixing Coffee has a lot of room for expansion.
Guo Jinyi pointed out that with the influx of more brands, the competition in the Chinese coffee market will be more intense, and Ruixing Coffee will continue to encrypt the number of stores in high -tier cities and accelerate the expansion of sinking through the joint venture modelmarket.For a long time in the future, Ruixing Coffee will accelerate the expansion of self -employment and associate stores.At the same time, through model innovation, further optimize store layout.In addition, Ruixing will continue to deploy overseas markets next.
Ruixing Coffee has been regarded as the largest opponent of the American multinational coffee chain brand Starbucks in the Chinese market.After Ruixing exposed the financial fraud scandal in April 2020, he delisted from Nasdaq in June of the same year; after half a year, the company agreed to pay a fine of 180 million US dollars to reachedreconciliation.
