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
14 November 2024 Precision Tsugami (China) (PTC) announced its 1H25 (Yr ended Mar) results with NP increased by 53.7% YoY to Rmb340.0m on the back of 32.4% YoY growth in turnover to Rmb2.0bn. GPM expanded by 4.4ppt to 32.1% in
8 November 2024 Amid the escalating geopolitical issues coupled with the uncertainty in global trades cause a noticeable impact on Pentamaster’s 3Q24 performance. As a result, the company experienced slower than expected growth in certain downstream customers and reported a
4 November 2024 Sany Heavy announced its 3Q24 business update with revenue increased 0.5% YoY to Rmb15.9bn in 9M24. Gross profit was down by 9.1% YoY to Rmb3.9bn in 9M24. GPM was contracted by 2.6ppt to 24.6% in 9M24. Net
04 Nov 2024 Suntien reported its 3Q24 P/L and operating data, with 3Q24 revenue up by 18.7% YoY to Rmb3.65bn and adjusted NP (after deducting non-recurring items) was at Rmb62.4m, up 8.0% YoY. 9M24 revenue was up by 20.3% YoY
28 Oct 2024
25 Oct 2024 Xtep announced its 3Q24 operational results, with retail sales for its Xtep Core Brand recorded a MSD growth YoY, compared to a 10% YoY growth 2Q24. Offline sales recorded just a slight growth due to overall weak
22 October 2024 Precision Tsugami (China) (PTC) issued a positive profit alert citing that the company expects its 1H25 (Yr-ended Mar) net profit to increase by approximately 54% YoY to Rmb340m compared to 1H24 net profit of Rmb221m. This encouraging
18 Oct 2024 361 Degrees announced its 3Q24 operational results, with offline retail sales for its 361° Core Brand recorded a ~10% YoY growth, while 361° Kids branded products was also up by ~10% YoY. Online sales continue to grow
15 October 2024 Wasion has won contracts in the second tender on procurement of meeting equipment this year from State Gid for about 359k units of smart meters with a contract value of Rmb116m. Moreover, its subsidiary- Willfar Information Technology
