Baiguoyuan Group (02411) announced its mid-term performance for 2024, achieving a revenue of approximately 5.594 billion yuan, a gross profit of approximately 0.6185 billion yuan, a net profit attributable to owners of the company of 88.506 million yuan, and a basic and diluted earnings per share of 5.83 cents.
In the first half of 2024, the group adjusted its retail store layout and relocated to better locations, continuing to expand its retail store network nationwide. As of June 30, 2024, the group has increased its retail stores by 67 compared to June 30, 2023. As of June 30, 2024, the group has a total of 6,025 offline stores, located in more than 190 cities in 22 provinces and municipalities in China.
