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JIASHILI GP: 2024 INTERIM REPORT
Express News | Jiashili Group H1 Gross Margin 26.4%
Express News | Jiashili Group H1 Revenue RMB 806 Million
JIASHILI GP: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED JUNE 30, 2024
Jiashili Group Forecasts Lower Profit in H1
jiashili gp (01285.HK) profit warning: expected mid-term net profit to decrease by about 21.9% to about 28.8% year-on-year.
Jiashili Group (01285.HK) announced on August 26th that based on its preliminary review of the unaudited comprehensive management accounts for the six months ending June 30, 2024, and the information currently available to the board of directors, the board expects the group to record a net profit attributable to owners of the company of approximately RMB 20.5 million to RMB 22.5 million for the reporting period, a decrease of approximately 21.9% to 28.8% compared to the same period last year. The expected decrease in net profit attributable to owners during the reporting period is mainly due to: (i) sales of the biscuit division of the group during the reporting period.
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