#China #Hong Kong #Domino's Pizza #DPC Dash

DPC Dash Ltd Reports 2025 Interim Financial Results

On August 28, 2025, DPC Dash Ltd, known as Domino’s Pizza China, announced its unaudited interim financial results for the six months ending June 30, 2025. The company has showcased remarkable growth, establishing itself as a significant player in the pizza segment in China by demonstrating a robust growth strategy both in revenues and market expansion.

Revenue Growth

In the first half of 2025, DPC Dash reported a revenue of RMB 2.59 billion, marking a staggering increase of 27.0% from RMB 2.04 billion during the same period in 2024. This growth is a testament to the effectiveness of the company's operational strategies and market penetration efforts. Notably, the company opened 190 net new stores and ventured into nine new cities, bringing its total store count to 1,198 spread across 48 cities, solidly positioning them in both Tier 1 and non-Tier 1 markets.

Profitability Metrics

DPC Dash's adjusted net profit reached RMB 91.4 million, climbing 79.6% year-over-year, which exemplifies the efficiency and profitability of the company's operations. Store-level operating profit also reflected a positive trend, registering an increase of 28.0% to RMB 379.2 million. The company's operational efficiencies are illustrated further by an adjusted EBITDA growth of 38.3%, totaling RMB 322.9 million, and overall earnings per share (EPS) rising to RMB 0.50, an increase of 525% YoY.

Store Performance

Despite the overall positive performance, the average daily sales per store dipped slightly to RMB 12,915 from RMB 13,515 in the same period last year. The same-store sales growth (SSSG) reported a marginal decline of 1.0% as compared to the previous year's growth of 3.6%. This shift suggests that while new store openings contribute significantly to revenue, performance in established stores faced challenges amid increasing competition.

Market Expansion and Consumer Engagement

The first half of 2025 marked a pivotal progression for DPC Dash. Their commitment is evident not only in store openings but also in their customer loyalty initiatives, with total loyalty memberships surging by 55.2% to 30.1 million. This surge positively contributed to the revenue, with loyalty members accounting for 66% of total revenue generated in the first half.

Awards and Accolades

DPC Dash's strong performance during the first half of the year has been recognized on multiple fronts. The company was celebrated for its excellence in digital transformation, being named a Top 20 Digitalized Enterprise at the China Digital Innovation Expo and receiving multiple awards for innovation and sustainability. These accolades highlight DPC Dash's commitment to not just growth, but also to responsible business practices.

The Path Ahead

Ms. Aileen Wang, the CEO of DPC Dash, expressed confidence in the company's ability to tap into China’s burgeoning pizza market while focusing on sustainable growth and long-term value generation for shareholders. Looking forward, they plan to open approximately 300 net new stores throughout 2025, building on the solid foundation laid in the first half of the year.

Conclusion

DPC Dash Ltd’s financial results for the first half of 2025 illustrate a vibrant growth trajectory, solidifying its reputation as a leader in the quick-service restaurant sector in China. With their strategic expansion and ongoing commitment to operational excellence, DPC Dash is set to continue its trajectory of success in the increasingly competitive landscape. This positive growth narrative is likely to capture the interest of investors and set the stage for further achievements in the upcoming quarters.