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MI MING MART: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2024
mi ming mart (08473.HK) profit warning: expected mid-term net profit to decrease by approximately 46%.
October 31st, mi ming mart (08473.HK) announced that, based on the preliminary review of the unaudited consolidated financial statements of the Group for the six months ended September 30, 2024, the Group expects a decrease of approximately 46% in net profit during the period compared to the six months ended September 30, 2023. Despite improvements in other income, gains and losses, as well as reductions in sales and distribution expenses and administrative and operational expenses, the net profit of the Group for the six months ended September 30, 2024, decreased compared to the same period in 2023. This decline is mainly due to the sales of the Group's skincare products, food, and health products.
Express News | MI Ming Mart - Expected Result Due to Decrease in Sales of Group's Skincare Products, Others
Express News | MI Ming Mart Sees Net Profit to Decrease by 46% for Six Months
Benign Growth For Mi Ming Mart Holdings Limited (HKG:8473) Underpins Stock's 33% Plummet
GTJA: In July, the month-on-month growth rate of social retail goods improved. We continue to recommend vertical O2O and going overseas.
In July 2024, the social zero growth rate increased month-on-month, while the social zero above quota decreased year-on-year. Continue to focus on recommending vertical O2O + going global.
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