Helens (09869) fell more than 8% in the afternoon. As of press release, it was down 8.33% to HK$2.86, with a turnover of HK$11.022,600.
The Zhitong Finance App learned that Helen's (09869) fell more than 8% in the afternoon. As of press release, it had a decrease of 8.33% to HK$2.86, with a turnover of HK$11.022,600.
According to the news, Helens previously announced her results. Operating revenue for the full year of '23 was 1.21 billion yuan, down 22.5% year on year, mainly due to the company's continuous adjustment of stock stores; achieving net profit of 180 million yuan, turning a loss into a record high since listing; adjusted net profit of 280 million yuan, turning a loss into a profit. The difference between net profit and net profit to mother was mainly due to losses due to stock store adjustments.
According to GF Securities, according to the company's financial reports, by the end of '23, the number of directly-managed taverns and franchised cooperative pubs was 255/92, with a net decrease of 398/22 in '23, and 236/84 as of March 19, '24, respectively. The bank expects the Hi-Beer partnership model to expand at an accelerated pace in '24. The average daily sales of a single Hi-Beer Partner pub is 7,000 yuan. There is a small gap with direct-run and franchised partner pubs, but considering the smaller size of Hi Beer Partner's taverns, the floor efficiency is higher. Under the new model, the company is expected to accelerate store expansion and cover a wider range of sinking markets, and its brand strength is expected to continue to strengthen.