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CHABAIDAO: DATE OF BOARD MEETING
Sichuan Baicha Baidao Industrial Expects At Most 63% Lower Profit in H1
Yingjing stock: Chatime (02555) fell by 9.6%, with a expected net profit decline of no more than 63.03% in the first half of the year.
Jinwu Financial News | Following the profit warning, the stock price of Chabadao (02555) has fallen. As of the time of writing, it has fallen 9.6% to HKD 6.5, with a turnover of HKD 0.252 million. The company issued a profit warning, expecting a net income between approximately RMB 0.22 billion and 0.25 billion for the six months ending on June 30, a year-on-year decrease of no more than 63.03%. The expected adjusted net income is between approximately RMB 0.38 billion and 0.41 billion, a year-on-year decrease of no more than 36.45%. This is mainly due to the impact caused by changes in consumer habits affected by external environmental changes in the first half of the year, the company has increased its policy support for franchisees, and sold products to them.
Sichuan Baicha Baidao Industrial 1H 2023 Net Was CNY595.0M
Sichuan Baicha Baidao Industrial: Higher Discounts Offered to Products, Increase in Costs Hurt Results
Sichuan Baicha Baidao Industrial Expects 1H Profit to Fall Substantially
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