Chabaidao H1 2026 Revenue RMB2.655 Billion, Profit RMB345 Million, Global Stores Reach 8,863
Chabaidao (02555. HK) reported H1 2026 revenue of RMB2.655 billion, up 6.2% year-on-year, and profit of RMB345 million, up 3.5%. Global store count rose to 8,863, with registered members exceeding 200 million. The company expanded tea-coffee synergy, covering over 2,700 stores with fresh-ground coffee machines, and grew lower-tier city presence by 7.2%.
On August 28, Chabaidao (02555. HK) released its interim report for the first half of 2026. Revenue reached RMB2.655 billion, up 6.2% year-on-year, while profit for the period stood at RMB345 million, an increase of 3.5%. The global store count grew to 8,863, and registered members surpassed 200 million.
Under its multi-category strategy, the tea and coffee businesses advanced in tandem. Fresh-ground coffee machines now cover more than 2,700 stores, and several coffee products have been launched. New meal-replacement and hydration items, such as dessert bowls and lemon water, have also hit the market. Among its iced milk series, the lychee iced milk sold over 17 million cups during a sales period exceeding fifty days.
Chabaidao continued to expand its store network, with locations in third-tier and lower-tier cities growing 7.2% year-on-year. The number of national warehousing and distribution centers increased to 27, with fruit centralized allocation reaching approximately 91%. About 95% of stores receive delivery services twice or more per week.