Tag: Continued
Li Ning Company Continued to Pursue the Core Strategy of “Single Brand, Multi-Categories, Diversified Channels”, Focused on Core Categories to Achieve Stable Development
Li Ning Company Limited (the “Company” or “Li Ning Company”; together with the subsidiaries, collectively, the “Group”; stock codes: 2331 (HKD counter) and 82331 (RMB counter)) announces today its 2023 annual results for the year ended 31 December 2023 (the “year”). FINANCIAL HIGHLIGHTS During the year, we pursued stable progress and took proactive measures in planning, and recorded the following operating results: – Revenue increased by 7.0% to RMB27,598 million, gross profit margin remained at 48.4% – Net operating cash inflow increased by 19.8% to RMB4,688 million – Net profit attributable to equity holders was RMB3,187 million with net profit ... Read more
Continued Growth Under the Pandemic, Huisen Household Profit Increased by Over 60%
China’s major furniture product manufacturer Huisen Household International Group Ltd. (“Huisen Household” or “the Group”; stock code: 2127.HK) announced audited annual results for the year ended 31 December 2021 (“the review period”) today. During the review period, the revenue of the Group was RMB5,139 million representing an increase of approximately 31.9% as compared to the same period of 2020. The profit for the year was approximately RMB888 million, representing an increase of approximately 64.2% as compared to the same period of 2020, mainly due to the growth in sales driven by the increase in purchase orders and the increase in ... Read more