Three Squirrels Inc. (300783.SZ) released its performance forecast for the first half of 2024, and the company is expected to achieve a net income attributable to shareholders of the listed company of CNY 2.86 billion to CNY 2.92 billion, a year-on-year increase of 85.85%-90.08%. After deducting non-recurring gains and losses, the net income is expected to be CNY 2.25 billion to CNY 2.31 billion, a year-on-year increase of 207.57%-215.21%.
According to the Three Squirrels Inc. (300783.SZ) financial report for the first half of 2024, the growth momentum of the company in the reporting period comes from the implementation of the "high-end cost-effective" overall strategy, emphasizing continuous innovation and upgrading of the "one product, one chain" supply chain to make products more competitive. At the same time, it also further activates the business potential of all channels; actively promoting organizational change and fully activating the organizational potential through the organizational concept of "integration of product sales" to form a new organizational vitality; and further strengthening the "D+N" (short video + omni-channel) synergy of all channels, which achieved high-quality growth in all channels. Meanwhile, under the new strategic concept, the sub-brand Xiaolu Blue realized double-digit growth and achieved good profitability by implementing the new positioning of "high-end healthy snacks for children" and the organizational change of "integration of product sales."
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