Hengshuo Co., Ltd. (688416.SH) released its semi-annual report for 2024, during the reporting period the company achieved revenue of 1.77...
Smart Finance and Economics APP news, Hengshuo Co., Ltd. (688416.SH) released its semi-annual report for 2024, during the reporting period the company achieved operating income of 0.177 billion yuan, a year-on-year increase of 17.1%; net loss attributable to the mother was 74.35 million yuan, a year-on-year expansion; non-net profit loss was 84.47 million yuan, a year-on-year expansion; basic earnings per share was -0.9 yuan.
In the first half of 2024, the market competition was fierce. In order to increase the shipment volume and occupy market share, the company's main product sales prices were under pressure, and the gross margin compared to the same period last year declined, still at a low level. At the same time, based on the principle of prudence, the company made provision for inventory impairment based on the sale price and marketability of the ending inventory, with a provision for inventory impairment of 50.1719 million yuan during the reporting period, resulting in a loss due to comprehensive factors.
