28 Aug 2023 Wasion’s 1H23 turnover increased by 26.4% YoY to Rmb3.2 bn while NP increased by 49.2% YoY to Rmb213.8m. In 1H23, sales of Wasion’s power AMI/ communication and fluid (C&F) AMI/ ADO, all recorded an encouraging growth of
28 Aug 2023 Sunny reported 1H23 revenue decreased by 15.9% YoY to Rmb14,279m, dragged by 1) declined HLS/HCM shipment due to weak smartphone market demand; and 2) weak VR products sales on market softness. GPM in 1H23 shrunk significantly by
25 Aug 2023 Anta’s 1H23 revenue was up by 14.2% YoY to Rmb29.65bn, mainly driven by i) 6.1% YoY growth from core brand sales to Rmb14.2bn as a result of retail market recovery post pandemic and the ongoing DTC model
25 Aug 2023 1H23 revenue down by 28% YoY to HK$2.98bn, mainly due to i) 53.8% decline in construction revenue to HK$997.2m on fewer projects in the pipeline; while ii) revenue from power sales and waste treatment was down by
24 Aug 2023 Xtep’s 1H23 revenue was up by 14.8% YoY to Rmb6,522m, mainly driven by i) 10.9% YoY growth from core brand sales to Rmb5,430m as a result of the strong orders from distributors for its signature brands and
24 Aug 2023 In 1H23, Vincent Medical’s (VM) sales increased by 28.7% YoY to HK$361.2m. GPM jumped from 13.1% to 32.9% in 1H23, representing an impressive YoY improvement of 19.8ppt. This was mainly due to the decrease in allowance for
22 Aug 2023 The company reported a 6.4% YoY increase in topline to Rmb6,294m in 1H23, with sales of fruits and food products up by 6.7% YoY to Rmb6,117m. The sales increase was driven by i) a 9.3% YoY increase
21 Aug 2023 Hong Kong’s population has grown 2.1% on the year to almost 7.5 million people, as arrivals from mainland China and elsewhere after the pandemic helped reverse a decline that started in 2020, as reported by Nikkei. HK
18 Aug 2023 The company reported a 6.7% YoY increase in topline to Rmb1,491m in 1H23, with i) core collection slightly increased by 3.2% YoY amid higher sales throughout rate and ASP hike in 2H22, partially offset by orders reduction
17 Aug 2023 1H23 revenue increased by 18.0% YoY to Rmb4.31bn, with core brand retail value up by low-teens/low-teens YoY and that of 361º Kids up by +20-25%/+20-25% YoY in 1Q/2Q. GPM edged up by 0.2ppt YoY to 41.7%, as
