Jiangnan Clothing (03306) surged 20%. As of press release, it rose 18.05% to HK$14.26, with a turnover of HK$10.6023 million.
The Zhitong Finance App learned that Jiangnan Buyi (03306) surged 20%. As of press release, it had risen 18.05% to HK$14.26, with a turnover of HK$10.6023 million.
According to the news, Jiangnan Buyi announced yesterday the results for the six months ended December 31, 2023. The group obtained revenue of 2,976 billion yuan (RMB, same below), an increase of 26.08% over the previous year; profit attributable to shareholders of the company was 574 million yuan, an increase of 54.45% year on year; basic income per share was 1.14 yuan; it is proposed to distribute an interim dividend of HK$0.46 per common share and a special interim dividend of HK$0.39 per common share.
In addition, total revenue for the six months ended December 31, 2023 was $2,976 million, up 26.1% or $616 million from $2.36 billion for the six months ended December 31, 2022. Revenue growth is mainly due to increased same-store sales in physical stores, growth in online channel sales, and growth in the size of offline stores.