President Chain Store (2912) Q2 2025 earnings summary

Executive summary

• Consolidated revenue for 1H25 grew 4.9% year-over-year to NT$172,021,017 thousand, driven by store expansion and increased sales from 7-ELEVEN Taiwan, 7-ELEVEN Philippines, COSMED, and others.

• Net income declined 4.3% to NT$5,938,215 thousand due to one-off gains in 1H24; excluding these, net income would have risen 2%.

• Earnings per share for the six months were NT$5.71 (basic), down from NT$6.06 year-over-year.

Financial highlights

• Consolidated operating profit increased 2.4% year-over-year in 1H25, reaching NT$8,936,242 thousand.

• Gross profit margin remained stable at 34% for both periods.

• Parent company revenue rose 5.4% in 1H25, mainly from fresh food and beverage growth.

• Operating profit margin (OPM) for 1H25 was 4.4% (consolidated) and 5.5% (parent company).

• Net income margin for 1H25 was 4.1% (consolidated) and 5.5% (parent company).

Outlook and guidance

• Continued store expansion in Taiwan and the Philippines, with a focus on digital and logistics investments.

• 2025 targets include maintaining sales growth momentum and stable net income growth for 7-ELEVEN Taiwan.

• Medium- and long-term goals emphasize ecosystem leadership, digital integration, and supply chain improvements.

• Adoption of new IFRS standards is not expected to have a significant impact on financial performance.