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The annual loss of HUICHENG INTL H (01146.HK) has narrowed to 0.109 billion RMB.
HUICHENG INTL H (01146.HK) announced its results for the fiscal year 2024, with revenue at 0.156 billion yuan, a year-on-year decrease of 24.8%. The loss narrowed from 0.143 billion yuan in the previous year to 0.109 billion yuan, with a loss per share of 3.33 cents. No final dividend will be distributed.
HUICHENG INTL H (01146.HK) total revenue for 2024 is 0.156 billion yuan, a year-on-year decrease of approximately 24.8%.
On March 21, Gelonghui reported that HUICHENG INTL H (01146.HK) announced that under the sluggish retail market sentiment, the group's total revenue for 2024 was 156.1 million RMB, a year-on-year decline of approximately 24.8%. The loss attributable to equity holders of the parent company decreased from 142.5 million RMB in 2023 by 33.1 million RMB to 109.4 million RMB in 2024.
HUICHENG INTL H: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2024
HUICHENG INTL H (01146.HK) plans to hold a Board of Directors meeting on March 21 to approve the annual performance.
Gelonghui reported on March 10 that HUICHENG INTL H (01146.HK) announced that the Board of Directors is scheduled to hold a meeting on Friday, March 21, 2025, to consider and approve the group's annual performance for the year ending December 31, 2024, and the proposed final dividend (if any), as well as to address other matters.
HAITONG SEC Textile Outfits Industry 2025 Annual Strategy Report: Steady Progress and Long-term Vision, Seizing Structural Opportunities.
Since 2024, the willingness to replenish inventory downstream has been good, coupled with a lower base from the same period last year, resulting in significant improvements in revenue. Along with an increase in orders and a continuous rise in capacity utilization, the profit elasticity continues to be released.
Outfit brands return to offline to attract customers, still viewing outdoor sports as the key to traffic | Year-end review.
① This year, outfit brands are focusing on the establishment of offline channels, with some accelerating the opening of offline stores; ② Online is facing a traffic bottleneck, with low stock price competition, high return rates, and declining quality leading to a poor online ecosystem; ③ Outdoor sports are still regarded as a high-traffic area, with professionals believing that competition will intensify.