Haw Par H1 2024 Profit up 17.1%, but Cost Pressures Weigh on Margins
Haw Par H1 2024 Profit up 17.1%, but Cost Pressures Weigh on Margins
The company, however, said the 11/4% YoY increase in the cost of sales amid higher overheads and labour costs affected revenue growth, also affecting its gross margin, which dipped to 54.6%.Its gross margin dipped to 54.6%
其毛利率下降至54.6%。
Tiger balm maker Haw Par reported a 17.1% YoY higher net profit of $122m in H1 2024, aligned with the increase in its revenue.
虎豹企業製造虎標萬金油報告，2024上半年淨利潤同比增長17.1%，達到1.22億美元，與其營業收入的增長趨勢一致。
In H1, the company's revenue rose 6.3% YoY to $118.1m, driven by robust demand for its healthcare products.
在上半年，該公司的營業收入同比增長6.3%，達到1.181億美元，保健產品需求旺盛帶動了這一增長。
The company, however, said the 11/4% YoY increase in the cost of sales amid higher overheads and labour costs affected revenue growth, also affecting its gross margin, which dipped to 54.6%.
然而，成本銷售額同比增長11.4%，加上開銷和勞動力成本增加影響了收入增長，並導致其毛利率下降至54.6%。
With improved profit, the company reported higher basic earnings per share attributable to its equity holders of $0.551.
利潤改善，公司報告歸屬於股東的基本每股收益爲0.551美元。
