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Ajisen (China) Holdings' (HKG:538) Soft Earnings Don't Show The Whole Picture
AJISEN (CHINA): Interim Report 2024
Zheshang Securities report: the dining industry is weakly recovering, with many tracks still competing for market share but customer unit price under pressure.
Recently, the dining situation in first-tier cities such as Peking and Shanghai has sparked heated discussions.
Ajisen (China) Posts Lower Mid-Year Profits
Ajisen (China) (00538.HK) had a semi-annual revenue of approximately 0.827 billion yuan, a year-on-year decline of approximately 6.6%.
Gelonghui August 26th | Taste (China)(00538.HK) announced that the group's revenue for the six-month period ended June 30, 2024 was approximately RMB 0.827 billion, a decrease of about 6.6% compared to the same period in 2023. The shareholder of the company suffered a loss of approximately RMB 7.157 million (as of June 30, 2023: a surplus of approximately RMB 0.133 billion). The loss per share was RMB 0.01. The decrease in revenue was mainly due to the difficult continuation of economic recovery after the epidemic, coupled with fierce competition in the dining business, leading to a reduction in store traffic. Although the dining business of this group has gradually recovered from the epidemic, the post-epidemic economy...
Express News | Ajisen (China) - Hy Turnover RMB826.8 Mln
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