The Scotmid Co-op Society has reported a £1.1m trading profit for the 26 weeks ended 30 July, £1.9m down on the interim result last year.
The half-year update also showed turnover down by £4.8m to £204.2m, although by this summer there was a "robust balance sheet" with net assets of £113m.
The retail group has taken steps to minimise the impact of the cost-of-living crisis, after a series of "major challenges" affected trading during the first half of 2022.