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Dazzle fashion (603587): Waiting for demand to warm up.
The company released its third quarter report with a Q3 revenue of 0.48 billion, a 19% decrease year-on-year; net profit attributable to the mother of 0.06 billion, a 47% decrease year-on-year, and net profit attributable to the mother after deducting non-recurring gains and losses of 0.05 billion, a 48% decrease year-on-year. This is mainly due to weak end demand and channel optimization adjustments, affecting sales.
Dazzle Fashion (603587) 2024 third quarter report review: Retail weakness combined with channel adjustments affecting performance short-term pressure.
Event: In the third quarter 24 years ago, revenue and net income attributable to mother decreased by -13% and -33% year-on-year, respectively. The performance pressure increased as Dazzle Fashion released the third quarter report for 2024. The company achieved revenue of 1.61 billion in the first three quarters of 2024.
Dazzle fashion (603587.SH): has repurchased 0.1652% of shares accumulated.
Gelonghui November 1st | Dazzle Fashion (603587.SH) announced that as of October 31, 2024, the company has repurchased a total of 788,000 shares of the company through the Shanghai Stock Exchange trading system in a centralized auction trading method, accounting for 0.1652% of the total share capital. The highest fill price was RMB 11.49 per share, and the lowest fill price was RMB 10.19 per share. The total amount paid was RMB 8,479,389.20 (excluding transaction costs).
Express News | Multiple clothing listed companies have released quarterly reports with nearly 80% achieving profits in the first three quarters.
Dazzle fashion (603587): The channel is still in the adjustment stage, profits are under pressure, looking forward to recovery.
2024 Q1~Q3: Income year-on-year -13%/net income attributable to shareholders year-on-year -33%. 1) In 2024 Q1-Q3, the company's revenue was 1.61 billion yuan, -13% year-on-year; net income attributable to shareholders was 0.28 billion yuan, -3%.
DIXU FASHION THIRD QUARTER REPORT 2024
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