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Baida GroupLtd's (SHSE:600865) Soft Earnings Don't Show The Whole Picture
Baida Group Co., Ltd 2024 Interim Report
Summary of Baida Group Co., Ltd.'s 2024 semi-annual report.
Baida Group Co., Ltd (600865.SH): Net income in the first half of the year was CNY 52.2948 million, an increase of 152.86% year-on-year.
On August 16th, Gleamray Group (600865.SH) released its 2024 interim report, which achieved revenue of RMB 0.105 billion, a decrease of 1.69% year-on-year; net income attributable to shareholders of the listed company was RMB 52.2948 million, an increase of 152.86% year-on-year; net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was RMB 40.0642 million, a decrease of 8.12% year-on-year; basic earnings per share were RMB 0.14. The company's main business is commodity retail, with department stores as its main format. The company operates on a single-store business model and has one store in Hangzhou Department Store Building. Since 20
Baida Group Co., Ltd. (600865.SH): Total sold 0.75 million shares of Bank of Hangzhou stocks.
On July 1, 2024 to July 31, 2024, Baida Group Co., Ltd (600865.SH) sold a total of 0.75 million shares of Bank of Hangzhou's stocks through the Shanghai Stock Exchange trading system in a centralized bidding manner, with a total transaction amount of CNY 10,017,050.00, accounting for 0.44% of the company's net assets according to the latest audited financial statements; the cumulative impact on net income attributable to shareholders of the listed company was CNY 2,267,539.24, accounting for 16.71% of the company's latest audited net income attributable to shareholders of the listed company.
Baida Group Co., Ltd. announces its performance forecast for the first half of 2024.
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