14 Jan 2025 Xtep announced its 4Q24 operational results, with retail sales for its Xtep Core Brand recorded a HSD growth YoY, compared to a MSD YoY growth in 3Q24. While offline sales recorded LSD YoY growth, online sales grew
13 Jan 2025 Anta announced its 4Q24 operational results, with retail sales for its Anta Core Brand recorded a HSD growth YoY, accelerating from MSD YoY growth in 3Q24 (2Q24: HSD, 1Q24: MSD). Adult sales grew by HSD YoY while
10 January 2025 Sany Heavy issued a profit warning citing that the company will record an impairment loss on goodwill for the oil and gas equipment business cash generating unit of Rmb470.0m and impairment loss on properties for sales of
08 Jan 2025 Miniso’s 9MFY24 revenue reported at Rmb12.3bn, up 22.8%, driven by i) an 18.5% YoY increase in avg. store count; and ii) LSD SSSG growth. GPM was at 44.1%, up 3.7ppt YoY, mainly due to i) higher revenue
6 January 2025 China’s Caixin/S&P Global services PMI rose to 52.2 in Dec, up from 51.5 in Nov.
9 December 2024 China’s consumer inflation falls short and hits 5 months low
3 December 2024 Wasion announced that the company has won contracts from State Grid’s third centralized tender procurement on metering equipment that worth a total of Rmb261.1m. From this contract, the company has won 662k units of smart meters with
27 Nov 2024 Man Wah reported its Sept-ended 1HFY25 results with top line decreased by 7.1% YoY to HK$8.31bn. GPM slightly increased by 0.4ppt YoY to 39.5%. NP increased by 0.3% YoY to HK$1.14bn with NPM improved by 1.0ppt YoY
25 Nov 2024
19 Nov 2024 SunArt’s 1HFY25 (Sep-end) revenue was down by 3% YoY to Rmb34.7bn, mainly due to i) the contraction of supply chain business, which includes Taocaicai and Tmall Shared Inventory biz, contributed 2.5% impact; and ii) closure of long-term
