Summary by Moomoo AI
JORDANO INTERNATIONAL ANNOUNCED ON 19 APRIL 2024 THE LATEST UNAUDITED BUSINESS DATA FOR THE THREE MONTHS ENDED 31 MARCH 2024. The report showed that Group revenue fell slightly by 1.1% to HK$961 million compared to the same period last year, mainly due to the consolidation of stores in Greater China and unusually cold weather. Despite this, quarterly same-store sales rose slightly by 0.7 per cent and the inventory balance fell by 14 per cent to HK$4.91 million. By market, Greater China revenue declined 12.9%, Southeast Asia and Australia regional revenue grew 9.1%, and Gulf Arab States Cooperation Council regional revenue grew 9.9%. Revenue from offline operations increased by 1.7%, but revenue from online operations decreased by 10.1%. Revenue from retail operations increased slightly by 0.2%, while licensing and overseas franchisee revenue decreased by 12.2%. The Board of Directors recommends that shareholders and potential shareholders exercise caution when trading shares.