Jiuxing Holdings (01836) announced the results for the year ended December 31, 2023. The group obtained revenue of 14...
According to the Zhitong Finance App, Jiuxing Holdings (01836) announced the results for the year ended December 31, 2023. The group obtained revenue of US$1,493 million, a year-on-year decrease of 8.5%; profit attributable to owners of the parent company was US$141 million, up 19.52% year on year; basic profit per share was 0.178 US dollars, and it is proposed to pay a final dividend of HK61 cents per share.
In 2023, the average sales price of the company's footwear products rose 4.2% to $29.7 per pair (2022: $28.5 per pair), partially offsetting the impact of a 12.5% drop in shipments to 49 million pairs (2022:56 million pairs). The increase in average sales prices is mainly due to the decline in the share of lower average selling styles in the casual category, and the outstanding contribution of customers in the sports, luxury and high-end fashion categories to launch new high-end products.