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Net income in the first half of the year showed a year-on-year decline. Jiumaojiu's Guan Yihong: focusing on the main brand, will adjust the store model. | Immediate coverage of the earnings conference.
①Jiumaojiu achieved a revenue of 3.064 billion yuan in the first half of this year, an increase of 6.42% year-on-year; adjusted net profit decreased by 68.88% compared to the same period last year, from 0.248 billion yuan to 0.077 billion yuan. ②Not only did Uncle Xiaosan, who declined, stop operating in April this year, but Lai Meili, who is in a growth phase, was also transferred to an independent third party by Jiumaojiu.
jiumaojiu (09922.HK) spent 2 million Hong Kong dollars to repurchase 0.806 million shares on August 26th.
On August 26, Jiumaojiu (09922.HK) announced that it spent HKD 2 million to repurchase 0.806 million shares.
Hong Kong stocks rise sharply, with jiumaojiu (09922) up more than 6%. The company's net profit in the first half of the year fell by 67%. Institutions believe that the company's active adjustments may take effect in the second half of the year.
Jiumaojiu (09922) is now up more than 6%. As of press time, it is up 6.3%, trading at HKD 2.53, with a turnover of HKD 20.9961 million.
Jiumaojiu announces its interim performance with adjusted net profit of 77.154 million yuan, a year-on-year decrease of 68.88%.
Jiumaojiu (09922) released its interim results for the six months ending on June 30, 2024, with the group generating revenue of RMB 3.064 billion (same unit below), a 6.42% year-on-year increase; the attributable net profit to equity shareholders of the company was RMB 72.291 million, a decrease of 67.47% year-on-year; adjusted net profit was RMB 77.154 million, a decrease of 68.88% year-on-year; and the earnings per share was 0.05 yuan.
Jiumaojiu International: Lower Contributions From Restaurant Business Weighed on Results >9922.HK
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