Big Health International (02211) announced interim results for the six months ended December 31, 2023. The benefits are about the people...
According to the Zhitong Finance App, Health International (02211) announced interim results for the six months ended December 31, 2023, with revenue of approximately RMB 591 million (same unit), a year-on-year decrease of 25.8%; gross profit of about 96.2 million yuan, a decrease of 28% year on year; company owners should have accounted for a loss of 20.929 million yuan, a decrease of 52.68% year on year; loss of 3.14 points per share.
According to the announcement, the overall gross margin was reduced from 16.8% to 16.3%. The slight decline in gross margin was mainly due to increased procurement costs. The reduction in losses is mainly due to measures taken by the Group to strengthen the control of various operating costs to improve the company's profitability and improve the company's future operating cash flow, thereby improving operating efficiency. During the period, the Group closed a number of loss-making retail stores to minimize operating losses.