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
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(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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