Summary by Moomoo AI
On August 2, 2024, Nayuki Tea Holdings Co., Ltd. ("the Company") issued a profit warning, expecting to record revenue of approximately RMB 240-270 million for the six months ending June 30, 2024, and expected to record an adjusted net loss of approximately RMB 42-49 million. The main reasons for the warning include the pressure on store revenue caused by unsignificant recovery in consumer demand and the plan to close some underperforming stores. The board of directors of the Company stated that due to the basic optimization of store costs, there is limited space for short-term cost optimization adjustments, and therefore the store operating profit margin faces greater pressure. The Company will comply with the listing rules and disclose actual financial information in its performance announcement...Show More