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LANCANG TEA: SUPPLEMENTAL ANNOUNCEMENT IN RELATION TO THE ANNUALREPORT AND USE OF PROCEEDS FROM LISTING
Lancang Ancient Tea (06911): Has submitted the H股 full circulation filing documents to the China Securities Regulatory Commission.
Lancang Ancient Tea (06911) announced that on September 26, 2024, the company has submitted relevant documents to the China Securities Regulatory Commission...
LANCANG TEA: 2024 INTERIM REPORT
Lancang Ancient Tea announces its interim performance, with a shareholder profit of 5.089 million yuan.
Lancang Ancient Tea (06911) released its interim results for the six months ended June 30, 2024. The group achieved revenue of RMB 0.195 billion, gross profit of RMB 0.125 billion, and net profit attributable to owners of the company of RMB 5.089 million, with basic and diluted earnings per share of RMB 0.06.
Lancang Ancient Tea (06911.HK) recorded a midterm revenue of 0.195 billion yuan, a year-on-year decrease of 15.9%.
LanCang ancient tea (06911.HK) announced on August 26 that in the first half of 2024, the group achieved a revenue of 195.1 million yuan and a profit attributable to the company's owner of 51 million yuan, a decrease of 15.9% and 79.1% respectively compared to the same period in 2023. The company's operating performance has declined, partly due to the slow recovery of end consumer consumption and intensified industry competition, leading to a decline in the group's revenue; on the other hand, it is also due to the increase in the group's investment in brand promotion and product sales promotion, resulting in an overall increase in the group's sales expenses.
LANCANG TEA: ANNOUNCEMENT OF UNAUDITED INTERIM RESULTSFOR THE SIX MONTHS ENDED JUNE 30, 2024
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