According to the Zhitong Finance App, Michelle Group (02097) announced its 2026 interim results, with revenue of about 15.216 billion yuan, an increase of 2.3% over the previous year; gross profit of about 46.3 yuan, profit attributable to parent company owners of about 2,296 billion yuan, and plans to pay a special dividend of 2.65 yuan per share.
According to the announcement, the increase in revenue was mainly due to an increase in revenue from sales of goods and equipment, followed by an increase in revenue from franchising and related services.
In the first half of 2026, the Group adheres to the strategic direction of “multi-brand, globalization and digital intelligence”, continues to strengthen its competitiveness with “supply chain+store operation+brand IP” as the core, and is committed to carrying out the mission of “let everyone in the world enjoy high-quality and affordable deliciousness and happiness”. The company continues to invest in “safety” and “quality”. On the one hand, it strictly adheres to the bottom line of business and consolidates development in the fields of food safety, production safety and data security; on the other hand, it continues to improve product quality, experience quality, and content quality to drive high-quality growth: providing consumers with higher quality and affordable products through continuous improvement of supply chain capabilities; driving refined store operations through digital intelligence, so that consumers can enjoy a better consumer experience; through long-term intensive brand IP, it presents consumers with richer and more diverse IP content and creates a global cultural symbol that is deeply rooted in the hearts of the people.
The company continues to expand its network of stores around the world. As of June 30, 2026, the company has built a network of about 64,000 stores in 17 countries around the world to provide consumers with high-quality and affordable products. In the mainland China market, the company's store network has spread across 31 provinces, autonomous regions and municipalities directly under the Central Government, and more than 300 prefecture-level cities, covering all line-level cities. The breadth and depth of the company's store network distinguishes the company from other ready-to-drink brands in mainland China. In markets other than mainland China, as of June 30, 2026, the Group has opened about 4,400 stores. By deepening the Southeast Asian market and steadily expanding into new markets such as Central Asia and America, the Group is steadily advancing its global layout. Furthermore, it has established localized warehousing systems and distribution networks in 9 overseas countries. During the reporting period, some stores in the Malaysian and Vietnamese markets have achieved cold chain logistics coverage.
In the first half of 2026, in the Chinese market, the company continued to promote high-quality development of the store network. Among them, the “Snow Ice City” brand continues to lay out an empty market, steadily expand the store network, and simultaneously promote operational optimization measures such as store image upgrades to enhance the consumer experience. On the one hand, the “Lucky Coffee” brand continues to refine store operation capabilities, and on the other hand, it is steadily improving the layout of cities at various levels, and is focusing on enhancing the brand's potential. On the basis of consolidating supply chain capabilities, the “Fresh Beer Fukuya” brand is actively promoting the construction of a nationwide store network to reach a wider range of consumers. At the same time, the company continues to promote brand flagship stores integrating brand display, consumer experience and cultural communication functions across the country. As of June 30, 2026, the company has opened flagship stores in 26 cities in China to further enhance the influence of the “Michelle Ice City” brand and “Snow King” IP.