On November 18, GLONGHUI | Baisheng Group (03368.HK) announced that total operating revenue for the third quarter of 2024 fell 16.5% from the same period last year to RMB 835.5 million, and total operating income for the nine months ended September 30, 2024 fell 13.6% to RMB 2780.2 million from the same period last year.
Same-store sales fell 23.1% in the third quarter of 2024. Same-store sales fell 16.1% in the nine months ended September 30, 2024.
For the nine months ended September 30, 2024, the loss attributable to the company owner was RMB 29.3 million, while the profit attributable to the company owner was RMB 67.3 million for the same period last year.
