Oppein Home 1H net income 1.02B yuan

Oppein Home 1H net income 1.02B yuan

Oppein Home, a leading player in the smart home and lifestyle services sector, has announced its interim results for the first half of 2025, demonstrating robust financial performance. The company reported a net income of 1.02 billion yuan for the period, marking a significant increase compared to the previous year.

The key highlights of Oppein Home's 1H 2025 performance include:

- Revenue Growth: Revenue increased by 48.8% year-on-year (YoY) to 10.236 billion yuan.
- Gross Profit: Gross profit surged by 43.8% YoY to 680.8 million yuan, with a gross profit margin of 6.7% remaining stable.
- Profit Attributable to Owners: Profit attributable to owners of the company reached a record high of 137.0 million yuan, representing a 120.4% YoY growth.
- Net Profit Margin: The net profit margin stood at 1.3%, while the adjusted net profit margin grew by 139.0% to 160.2 million yuan.

Oppein Home's strong performance can be attributed to several factors, including the rapid growth in the food delivery and on-demand retail industry, optimization of business structure, and enhancement of operational efficiency through technology empowerment and lean management. The company's multi-scenario service capabilities and comprehensive logistics infrastructure have also contributed to its success.

In terms of revenue streams, Oppein Home saw significant growth in intra-city delivery services, with revenue reaching 5.778.7 billion yuan, a 43.1% YoY increase. This growth was driven by promotional activities by merchants, steady growth in non-food delivery scenarios, and the adoption of proactive pricing strategies.

The company's strategic cooperation with major traffic platforms and leading national chain supermarkets and department stores has also played a crucial role in its success. Oppein Home's ability to provide efficient and cost-effective end-to-end solutions for various local lifestyle to-home delivery scenarios has further bolstered its market position.

Oppein Home's strong financial performance in the first half of 2025 demonstrates its resilience and operational efficiency. The company's commitment to service quality and stability, as evidenced by its high fulfillment in-time rate and average delivery time, has further solidified its position in the market.

Reference List:
[1] https://www.morningstar.com/news/pr-newswire/20250828cn61743/sf-intra-city-delivers-high-quality-sustainable-growth-in-1h-2025