Yeo Hiap Seng's NPI Down 3% in H1 2024
Yeo Hiap Seng's NPI Down 3% in H1 2024
The decline was due to the lower sales for non-Yeo's products, foreign currency impact, and freight disruptions.The decline was due to currency volatility, freight disruptions, and lower product sales.
这种下降是由于货币波动、运输中断和产品销量下降所致。
Yeo Hiap Seng (Yeo's) reported a net profit of $3.2m in H1 2024, down 3% from a year ago.
杨协成（Yeo's）2024年上半年的净利润为320万美元，同比去年下降了3%。
Revenue also decreased 8.7% to $165.3m, with core Yeo's F&B revenue also declining 4.1% to $152.0m from $158.5m.
营业收入也降低了8.7%至1.653亿美元，其中核心的Yeo's F&B收入也从1.585亿美元下降了4.1%至1.52亿美元。
The decline was due to the lower sales for non-Yeo's products, foreign currency impact, and freight disruptions.
这种下降是由于非Yeo's产品的销售下降、外汇影响以及运输中断所致。
Excluding foreign currency impact, revenue remained unchanged YoY, with growth in Malaysia and Singapore offsetting weaker demand in other markets.
除去外汇影响，收入同比保持不变，马来西亚和新加坡的增长抵消了其他市场的需求疲软。
Meanwhile, gross profit margin rose 0.2 percentage points (pps) to 32.7% from 32.5% due to cost optimisation and improved product portfolio, which offset cost inflation.
与此同时，毛利率由32.5%上升0.2个百分点（pps）至32.7%，这是由于成本优化和改善产品组合所带来的，抵消了成本通胀。
Yeo's expects the volatility of the regional currencies like the Indonesian rupiah and Malaysian ringgit to put pressure on their performance. The company will focus on brand strategy, launching new products, and expanding internal capabilities by upgrading its IT systems.
Yeo's预计区域货币的波动，如印尼盾和马来西亚林吉特将对他们的业绩造成压力。公司将专注于品牌策略，推出新产品，并通过升级其IT系统扩大内部能力。
