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MULSANNE GROUP (01817.HK) achieved a revenue growth of 61.5 million yuan for its main brand GXG in 2024, an increase of 3.0% year-on-year.
On March 27, Gelonghui announced that MULSANNE GROUP (01817.HK) reported an increase in gross margin from 52.0% for the year ending December 31, 2023, to 52.8% for the year ending December 31, 2024, due to optimizing the product mix and enhancing operational efficiency. The group's main brand GXG achieved a sales revenue growth of 61.5 million yuan, a year-on-year increase of 3.0%. Brand gross margin increased by 22.4 million yuan, with a growth rate of 2.1% compared to 1.09 billion yuan in 2023, improving profitability. The performance improvement was due to (i) brand promotion activities.
Mulsanne Group Reports Increased Profitability Amid Strategic Innovations
MULSANNE GROUP (01817) released its annual results, with shareholder profit of 30.954 million yuan, a year-on-year decrease of 21.77%.
MULSANNE GROUP (01817) announced its annual performance for the year ending December 31, 2024, during which the group achieved...
Express News | Mulsanne Group Holding FY Net Operating Cash Flow RMB 171.7 Million
Express News | Mulsanne Group Holding FY Revenue RMB 61.5 Million
Express News | Mulsanne Group Holding FY Gross Profit RMB 1,199 Million