23 Aug 2024 Xtep’s 1H24 revenue was up by 10.4% YoY to Rmb7,203m, mainly driven by i) 6.6% YoY growth from core brand sales to Rmb5,789m as a result of the strong orders from online channels; and ii) 9.7%/72.2% YoY
19 August 2024 Wasion issued a positive profit alert citing that the company expects to record a net profit of over Rmb330.0m in 1H24, compared to Rmb213.8m in 1H23, representing a YoY increase of >54.0%. Such increase is mainly attributable
14 Aug 2024 1H23 revenue increased by 19.2% YoY to Rmb5.14bn, with core brand retail value up by high-teens/+10% YoY and that of 361º Kids up by +20-25%/+mid-teens YoY in 1Q/2Q. GPM edged down by 0.4ppt YoY to 41.3%, as
14/08/24 Q-Tech reported 1H24 revenue of Rmb7,675m, which surged 40.1% YoY. 1H24 total CCM shipment increased 30.2% YoY to 221.4m units with ASP increased 11.0% YoY to Rmb32.6. FPM shipment increased 16.7% YoY in 1H24 with ASP declined 14.3% YoY
05 Aug 2024
05 Aug 2024 With the Paris Olympics ongoing, 2024 is shaping up to be a truly significant year for sports, with domestic sports consumption continuing to rise. The love for outdoor activities and the pursuit of a healthy lifestyle among
1 August 2024 Last week, Wasion announced that the company has won a smart meter tender from a major local power distribution company in Hungary with a total contract value of EUR31.6m. In mid-July, the company’s Hungarian Factory has officially
22 July 2024 Investors reactions on news of Biden dropping out
18 July 2024 Wasion announced the bidding results of the first framework tender on metering products from China Southern Power Grid, in which Wasion has won contracts of Rmb198.7m. Its subsidiary- Willfar Information Technology has also won contracts of Rmb233.4m.
15 Jul 2024 Q-Tech issued positive profit alert and expected 1H24 net profit to surge by 400%-500% YoY to Rmb108.5mn-Rmb130.2mn. The significant increase in net profit is due to: 1) global smartphone sales rebounded and Q-Tech’s market share in major
