Shanshan Brand (01749) announced that it is expected that the Group will achieve a comprehensive overflow for the year ended December 31, 2023...
According to Zhitong Finance App, Shanshan Brand (01749) issued an announcement. The Group expects to obtain a comprehensive net profit of about RMB 30 million for the year ended December 31, 2023, and an audited net comprehensive profit of about RMB 16 million for the year ended December 31, 2022.
The Group's anticipated increase in net profit is mainly due to the reduction of adverse effects on Group operations due to the complete lifting of the novel coronavirus epidemic prevention and control, and the Group's revenue and gross profit increased this year; the Group continued to strengthen internal management and adopt various cost reduction and efficiency measures, which reduced sales and distribution expenses this year.