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Tongqinglou Catering's (SHSE:605108) Profits May Not Reveal Underlying Issues
Tongqing House 2024 Semi-Annual Report
Summary of Tongqing House 2024 Semi-Annual Report
Tongqinglou (605108.SH) released its half-year performance results, with a net income of 80.9476 million yuan, a year-on-year decrease of 44.4%.
tongqinglou catering corporation (605108.SH) released its 2024 interim report, with revenue of 1.271 billion yuan, ...
The net income of Tongqinglou (605108.SH) in the first half of the year was 80.9476 million yuan, a year-on-year decrease of 44.4%.
Tongqinglou (605108.SH) announced its semi-annual report on August 29th. During the reporting period, the company achieved revenue of 1.271 billion yuan, a year-on-year increase of 17.5%. Among them, the newly opened stores contributed 0.206 billion yuan in revenue, a decrease of 5.51% compared to 2023. 2023 was the first year after the containment of the epidemic, and the suppressed banquet demand during the epidemic was released in 2023. The net income attributable to shareholders of the listed company was 80.9476 million yuan, a year-on-year decrease of 44.40%. This was mainly due to the compensation and disposal of the Wuxi store which was demolished in the same period last year.
Tongqinglou Catering Co., Ltd. (SHSE:605108) Doing What It Can To Lift Shares
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