Shuanghua H (01241) released its interim results for the six months ended June 30, 2024, and the group generated revenue...
According to the Zhitong Finance app, Shuanghua H (01241) released its interim results for the six months ended June 30, 2024. The group achieved a revenue of 60.563 million yuan (in the same unit), an increase of 111.01% year-on-year; the net loss attributable to the owners of the parent company was 3.183 million yuan, compared to a surplus of 0.204 million yuan in the same period last year; with a loss per share of 0.05 cents.
The group is advancing its supply chain management business based on its own cold storage and real estate, continuously improving service quality and processes. For the six months ended June 30, 2024, the group's supply chain management business generated approximately 13.6 million yuan in revenue. In the food supply business, the group seized the opportunity of the first quarter's peak sales season during the Chinese New Year, increased the supply of high-value products, and provided comprehensive and integrated supply chain services such as direct procurement, warehousing, sorting, packaging, transportation, and customized services. Meanwhile, against the backdrop of the digital era, the group established online sales channels on e-commerce and live streaming platforms to deliver products to end customers, further increasing market share. For the six months ended June 30, 2024, the group's food supply business generated approximately 47 million yuan in revenue.