Proposed an interim dividend of HK11.0 cents per share
Highlights:
- - Revenue increased to approximately HK$1,450.9 million.
- - Gross profit increased to approximately HK$518.8 million.
- - Profit attributable to owners of the Company amounted to approximately HK$116.2 million.
- - As at 30 June 2026, the Group operated a total of 190 chain retail stores
- - Basic earnings per share was approximately HK11.6 cents. The Board
recommended the payment of interim dividend of HK11.0 cents per share.
Financial Highlights:
|
For the 6 months ended 30 Jun
|
HK$'000
|
2026
|
2025
|
Change
|
Revenue
|
1,450,897
|
1,436,576
|
+1.0%
|
Sales derived from private label products
|
277,194
|
251,203
|
+10.3%
|
Gross profit
|
518,758
|
518,177
|
+0.1%
|
Interim dividend per share (HK cents)
|
11.0
|
11.0
|
-
|
HONG KONG SAR -
Media OutReach Newswire - 31 August 2026 -
Best Mart 360 Holdings Limited ("Best Mart 360" or the "Company",
together with its subsidiaries, the "Group"; stock code: 2360.HK), a
leading leisure food retailer in Hong Kong, announced its interim
results for the six months ended 30 June 2026 ("the Period under
Review"). During the Period under Review, the revenue recorded by the
Group amounted to approximately HK$1,450,897,000, representing an
increase of approximately 1.0% as compared to approximately
HK$1,436,576,000 for the six months ended 30 June 2025 (the
"Corresponding Period Last Year").
During the Period under Review, profit attributable to owners of the Company amounted to approximately HK$116,221,000.
For the six months ended 30 June 2026, gross profit of the Group was
approximately HK$518,758,000, representing an increase of approximately
0.1%, as compared to gross profit of approximately HK$518,177,000. Gross
profit margin during the period was approximately 35.8%. During the
Period under Review, basic earnings per share of the Group was
approximately HK11.6 cents. The Board recommended the payment of interim
dividend of HK11.0 cents per share.
BUSINESS REVIEW
CHAIN RETAIL STORES
As at 30 June 2026, the Group operated a total of 190 chain retail
stores, including 184 chain retail stores in Hong Kong and 6 chain
retail stores in Macau, respectively. During the Period under Review,
the Group continued to implement its store network optimization strategy
to fully showcase its diverse product portfolio, further enhance its
overall brand image and provide customers with a more comfortable
shopping environment.
Since 2021, the Group has launched its brand of global wine and food
stores "FoodVille", which provides mid-to-high-end, premium food
products from around the globe. These include fine wines, premium
chocolates, health foods, cheese, Western sauces and ingredients from
around the world, aming to cater to the market's pursuit of a quality of
life and expanding the Group's customer base. As at 30 June 2026, the
Group operated a total of 8 retail stores under the brand.
During the Period under Review, the rental expenses (on a cash basis) of
the Group's retail stores accounted for approximately 9.7% of its sales
revenue.
THE PRODUCTS
During the Period under Review, the Group adhered to its global
procurement strategy, sourcing high-quality products from around the
world to provide customers with a diversified range of choices. During
the Period under Review, the Group sold over 1,045 brands and more than
3,054 stock keeping units ("
SKUs") of products in total. The
Group continuously optimised its product portfolio and actively
introduced a variety of new products and flavours to meet customers'
ever-changing needs.
To enrich its product mix and maintain effective control over product
quality, supply stability and profit margins, the Group continued to
actively develop its private label products. During the Period under
Review, sales derived from private label products amounted to
approximately HK$277,194,000 (six months ended 30 June 2025:
approximately HK$251,203,000), which accounted for approximately 19.1%
of the Group's total revenue for the Period under Review. The Group had a
total of 12 private labels covering approximately 272 SKUs of products,
including masks, canned Chinese delicacies, cereals, milk, honey, nuts
and dried fruits as well as a wide range of leisure food products.
MEMBERSHIP SCHEME AND MARKETING & PROMOTIONAL ACTIVITIES
As at 30 June 2026, the Group had a cumulative total of approximately
2,469,754 registered fans and members (30 June 2025: approximately
2,243,198). As at 30 June 2026, the number of mobile app members reached
approximately 1,374,462 (30 June 2025: approximately 1,238,775).
During the Period under Review, the Group continued to carry out a
variety of marketing activities, including "Best Price", "Instant
Redemption upon Purchase" and other promotional campaigns, which
provided customers with a series of special offers on selected quality
products as a way to show its appreciation for their support and
effectively enhance customer loyalty. The Group also launched a new
brand promotion campaign, namely "Best Mart, Always a Friendly Buy", in
2026. By integrating online and offline promotional channels, the Group
further strengthened its brand image and enhanced its interaction and
connection with customers.
The Group also utilised a variety of outdoor media, such as large-scale
advertisements at MTR stations and truck wraps, together with marketing
strategies on digital media and social platforms, to further increase
its brand exposure and market penetration, thereby attracting more new
customers to shop at its stores.
In addition, the Group actively fulfilled its corporate social
responsibility by partnering with the charitable foundation under China
Merchants Group to launch the "Care 360˚" Neighborhood Support
Programme, which aids families in need, continuously promotes community
care and inclusion and actively puts into practice the core principles
of corporate sustainability.
EMPLOYEES
As at 30 June 2026, the Group employed a total of 1,257 full-time and
part-time employees (31 December 2025: 1,227). The increase in the total
number of employees was primarily due to the Group's recruitment of
additional staff for its newly opened stores. To retain talent and
provide its employees with appropriate incentives to enhance their sense
of belonging and loyalty, the Group regularly reviews and updates its
employee remuneration packages and benefit plans, taking into account
labour market supply and remuneration trends as well as individual
employee performance. During the Period under Review, the staff costs of
the Group (excluding emoluments of the Directors) accounted for
approximately 9.6% of its total revenue (six months ended 30 June 2025:
approximately 9.7%).
OUTLOOK
Global geopolitical tensions remain high, and uncertainty persists
regarding the pace of the external economic recovery. Meanwhile, the
active expansion of mainland Chinese e-commerce platforms into Hong Kong
has driven the popularity of cross-border online shopping, further
intensifying competition in the local retail market. Amid complex and
increasingly competitive market conditions, the overall business
environment for the retail sector is expected to remain under pressure
in the second half of 2026. However, as Hong Kong hosts a series of
major international events and exhibitions as well as cultural and
sports activities, the number of visitors to Hong Kong and their
willingness to spend are steadily recovering. At the same time,
consumption of daily necessities has demonstrated strong resilience.
Market demand for value-for-money globally sourced food products and
healthy snacks continues to grow, presenting the Group with solid
development opportunities. Looking ahead, the Group remains cautiously
optimistic about its business prospects. To address intense market
competition, we are committed to refining operational management,
optimizing business processes, and maintaining strict cost controls.
To further strengthen its connection with consumers, the Group
officially launched a rebranding campaign in June 2026, adopting "Best
Mart, Always a Friendly Buy" as its new core brand value and striving to
build a more welcoming, youthful, vibrant and creative brand image.
Regarding its store network management, the Group will balance strategic
expansion with operational optimization. On one hand, the Group will
capitalise on appropriate market opportunities and continue to expand
its footprint through a "dual-brand" strategy featuring "Best Mart 360˚"
and "FoodVille", aiming to precisely meet the demand for high-quality
food across different customer segments. On the other hand, the Group
will adhere to strict capital-return discipline by actively negotiating
with landlords for more flexible and reasonable lease terms, while
regularly reviewing the operational efficiency of existing stores.
Through these efforts, the Group aims to comprehensively enhance the
overall profitability of its network and deepen its presence in the mass
retail market.
Faced with a complex, ever-changing and highly competitive market
environment, the Group is comprehensively exploring and researching the
application of artificial intelligence in its business processes, aiming
to enhance operational efficiency through innovative technology. The
Group will further deepen its online-offline integration strategy, fully
leverage the advantages provided by the extensive member database of
its mobile app and implement targeted marketing through big data
analysis to effectively increase member engagement and overall repeat
purchase rates.
In terms of online channels, the Group will strengthen its collaboration
with the foodpanda mall platform to ensure a seamless shopping
experience. The Group will also remain agile in our operational
strategies to optimize overall sales performance.
Guided by its core brand philosophy of "Best Quality" and "Best Price",
the Group will make every effort to expand its upstream supplier network
while ramping up the development of its private label products. These
initiatives will solidify our competitive pricing advantage while
effectively meeting the market demand for daily necessities. The Board
is confident that, through prudent yet flexible strategic planning,
strong brand appeal and an optimised product portfolio, the Group will
successfully enhance customer loyalty. This will steadily drive the
business toward sustainable growth, thus creating long-term and robust
returns for shareholders.