CHINA LILANG: Interim Report 2024
Hong Kong Stock Market News: China Lilang (01234) fell nearly 3% as management lowered its annual retail growth target and store opening guidance.
China Lilang (01234) fell nearly 3%. As of the time of publication, it fell 2.73%, with a price of HKD 3.92 and a turnover of HKD 4.2412 million.
[Brokerage Focus] Guosen Securities slightly cut the target price of China Lilang (01234) due to the decline in consumer power this year.
Guosen's research report states that china lilang (01234) had a YoY revenue increase of 7.3% to 1.6 billion yuan in the first half of 2024, with a YoY increase in net income of 3.6% to 0.28 billion yuan. Among them, the main series revenue increased by 4.5% YoY to 1.21 billion yuan. The light commercial series benefited from new retail with the driving force of the Ole channel, and grew by 17.3% YoY to 0.39 billion yuan, while online retail sales increased by 37.0% YoY. The gross margin decreased by 1.8 percentage points YoY to 50.0%, mainly due to the company's termination of cooperation with the Heilongjiang distributor and the compensation paid for the repurchase in the DTC mode.
China Lilang will distribute a special interim dividend of HKD 0.05 per share on September 23.
China Lilang (01234) announced that the company will distribute an interim special dividend of HKD 0.05 per share on September 23, 2024.
China Lilang 1H Gross Profit Margin 50.0% >1234.HK
China Lilang (01234) released its interim performance, with a profit of 0.28 billion yuan, an increase of 3.65% year-on-year.
China Lilang (01234) announced its six-month performance ending on June 30, 2024, during which the group achieved revenue...
China Lilang (01234.HK) revenue increased by 7.3% to 1.6 billion yuan in the first half of the year, and plans to pay a dividend of 18 Hong Kong cents per share.
On August 13th, GeLonghui reported the interim results of China Lilang (01234.HK). For the six months ended June 30, 2024, the group's sales increased by 7.3% to 1.6 billion yuan, with a net income of 0.28 billion yuan, a gross profit margin of 50.0%, and earnings per share of 23.4 yuan. The board of directors has decided to distribute an interim dividend of HK$0.13 per share and a special interim dividend of HK$0.05 per share. During the reporting period, the group's sales increased by 7.3% year-on-year, reaching 1.6 billion yuan. This growth was mainly due to the driving force of light business in store operation and new retail in the first half of the year, extending the trend of the previous
China Lilang Ltd Announces 2024 Interim Financial Results
Express News | China Lilang - Hy Profit RMB280.1 Mln Vs RMB270.5 Mln
Express News | China Lilang - Hy Rev RMB1,600.0 Mln, up 7.3%
Express News | China Lilang - Interim Dividend of HK13 Cents per Share
CHINA LILANG: ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2024
China Lilang (01234.HK) held a board of directors meeting on August 13 to approve its mid-term performance.
China Lilang (01234.HK) announced on August 1st that the company will hold a board of directors meeting on Tuesday, August 13th, 2024, with the agenda including approving the unaudited comprehensive mid-term performance of the company and its subsidiaries for the six months ending on June 30, 2024, and considering the distribution of interim dividends (if any).
China Lilang Limited Schedules Key Financial Meeting
CHINA LILANG: DATE OF BOARD MEETING
China Lilang (01234.HK): In the first half of the year, the retail sales of LILANZ products recorded a high single-digit growth compared to the same period last year.
China Lilang (01234.HK) announced on July 10th that the retail amount (calculated at retail price) of "LILANZ" products in the second quarter of 2024 recorded a mid-single-digit growth compared with the same period in 2023. The retail amount (calculated at retail price) of "LILANZ" products in the first half of 2024 recorded a high-single-digit growth compared with the same period in 2023.
Express News | China Lilang - Qtrly Retail Sales of Lilanz Products Recorded Mid-Single-Digit Growth
The Five-year Shareholder Returns and Company Earnings Persist Lower as China Lilang (HKG:1234) Stock Falls a Further 8.6% in Past Week
[Broker Focus] GF Securities first gave China Lilang (01234) “buy” rating index 24 annual guidelines highlight confidence in development
Jinwu Financial News | According to the Guangfa Securities Research Report, China Lilang (01234) announced the latest operating performance in 2024Q1. The retail sales amount of the company's “LILANZ” products achieved a high increase in the number of units compared to the same period in 2023, continuing the growth trend in 2023. According to the company's financial report, in 2023, the company achieved revenue of 3.54 billion yuan, YOY +14.8% (main series/light business series increased 10.7%/35.2% respectively); net profit of 530 million yuan, YOY +18.4%, gross profit margin of 48.2%, an increase of 2.2 pct over the previous year (mainly gross)
Changes in Hong Kong stocks | China Lilang (01234) rose nearly 4%, profitability steadily improved, undervalued, and high-dividend growth can be expected
China Lilang (01234) rose nearly 4%. As of press release, it was up 3.81% to HK$4.9, with a turnover of HK$2,539,000.
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