Summary by Moomoo AI
TREK INTERNATIONAL HOLDINGS LIMITED (“TREK INTERNATIONAL”) ISSUED A NOTICE ON 9 JANUARY 2024 REPORTING ITS BUSINESS PERFORMANCE IN THE MAINLAND OF CHINA FOR THE FOURTH QUARTER AND FULL YEAR OF 2023. According to unaudited data, the flagship brand achieved over 20% year-on-year retail sales growth in the fourth quarter of 2023, while retail sales grew by more than 30% year-over-year. In addition, the company disclosed a retail discount level of about 30% and noted a channel inventory turnover period of four months to four and a half months. THE COMPANY REMINDS SHAREHOLDERS AND POTENTIAL INVESTORS TO NOTE THAT THESE OPERATING DATA HAVE NOT BEEN AUDITED OR REVIEWED BY AUDITORS AND THAT CAUTION SHOULD BE EXERCISED WHEN TRADING SHARES. The announcement was made by Mr. Ting Shui-bo, Chairman of the Company.