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Earnings Are Growing at Kuaijishan Shaoxing Rice Wine (SHSE:601579) but Shareholders Still Don't Like Its Prospects
Kuaijishan Shaoxing Wine Co., Ltd. 2024 Half-Yearly Report
Kuaijishan Shaoxing Rice Wine Co., Ltd. Summary of 2024 Interim Report.
Kuaijishan Shaoxing Rice Wine (601579.SH): net income in the first half of the year was 90.7822 million yuan, a year-on-year increase of 15.63%.
On August 21, Kuaijishan (601579.SH) announced its semi-annual report. From January to June 2024, the company's revenue was 735.6498 million yuan, an increase of 18.24% compared to the same period last year. The net income attributable to shareholders of the listed company was 90.7822 million yuan, an increase of 15.63% compared to the same period last year. During the reporting period, the company actively promoted process reengineering with a focus on business growth. This included changes in management, organization, and mechanisms, with the integration of management change concepts into daily operations. One of the initiatives was to explore a process-driven management model, focusing on the construction of MM, IPD, LTC, and
Kuaijishan Shaoxing rice wine (601579.SH): The company has already initiated the business plan for offline sales.
Kuaijishan Shaoxing rice wine (601579.SH) stated on the interactive platform on June 26 that the company will continue to vigorously promote bubble Chinese liquor (huangjiu) online, striving to attract and appeal to more young people. In addition to increasing sales on e-commerce platforms such as Douyin, PDD Holdings, Tmall, and JD.com, it will also increase comprehensive online promotion. Currently, the company has launched a business plan for offline sales, with a targeted focus on expanding business channels such as convenience stores and dining.
Kuaijishan Shaoxing Rice Wine (601579.SH): The current inventory has been restored and there is no longer a shortage phenomenon.
Kuaijishan Shaoxing rice wine (601579.SH) stated on the interactive platform on June 26th that the company's sales on e-commerce platforms such as Douyin, PDD Holdings, Tmall, and jd.com during the 618 period exceeded expectations. Since 618, the company has accelerated production organization, and inventory stocking has now recovered. There is currently no shortage of goods; as for the single link you mentioned showing nearly 900,000 orders, we don't have such a link.
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