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1285 — Jiashili News Story

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China's Jiashili Group H1 revenue, profit rise

China's Jiashili Group H1 revenue, profit rise


Overview

  • China biscuit maker's H1 revenue rose yr/yr to RMB 810.4 mln

  • Net profit attributable to shareholders grew yr/yr to RMB 60.6 mln

  • Company declared interim dividend of HK$10 cents per share, up from HK$5 cents


Outlook

  • Company did not provide specific financial guidance or outlook for future periods


Result Drivers

  • COST CONTROL - Co reduced selling and distribution expenses to RMB 85.4 mln from RMB 111.1 mln in prior period

  • GROSS PROFIT IMPROVEMENT - Gross profit rose to RMB 227.4 mln from RMB 205.6 mln yr/yr


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

H1 Revenue

RMB 810.40 mln

H1 Net Income Attributable

RMB 60.60 mln


Analyst Coverage

  • The stock recently traded at 4 times the next 12-month earnings vs. a P/E of 3 three months ago


Reuters Recommended Reads

  • Aug 31 - China's C.banner returns to profit on lower expenses

  • Aug 31 - China's Shanghai Gench Education HY profit rises as student enrollment grows

  • Aug 31 - Sleepwear maker Justin Allen Holdings H1 revenue rises


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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