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SHINEROAD INTL: INTERIM REPORT 2024
CITIC Securities: How to look ahead to the future of the csi sws food & beverage index and alcoholic beverages sector as more than half of the interim report period has passed?
Citic Sec released a research report stating that in Q2, the light meal chain industry continued the trend of weak demand, with pressure on store efficiency and expansion.
In terms of performance, Shineroad Intl (01587.HK) achieved a net profit of 189.4 million RMB in the first half of the year, an increase of 79%. No dividends were distributed.
Shineroad Intl (01587.HK) announced its performance for the first six months ended in June, with revenue of 0.299 billion yuan (same below), down 8% year-on-year. Net profit was 18.94 million yuan, an increase of 79.2%, and earnings per share were 3 cents. No interim dividend was declared.
The attributable net profit of the parent company of shineroad intl (01587.HK) in the first half of the year was 18.9 million yuan, a year-on-year increase of 78%.
Shineroad Intl (01587.HK) announced on August 16 that the unaudited revenue for the six months ended June 30, 2024 was RMB 0.299 billion, a decrease of 8% year-on-year. The attributable retrospective profit of the parent company's owners was RMB 18.9 million, an increase of 78% year-on-year. The unaudited basic and diluted earnings per share were RMB 0.03 per share (June 30, 2023: RMB 0.02 per share). The board of directors does not recommend the payment of interim dividends for the six months ended June 30, 2024 (zero for the same period in 2023). The group's revenue refers to revenue after deducting returns and trades.
SHINEROAD INTL: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2024
Shineroad International Expects 78% Surge in H1 Attributable Profit
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