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Xiangpiaopiao food (603711): The performance in the third quarter of 2024 is slightly under pressure, looking forward to subsequent improvement.
Investment Highlights 2024Q3: The company's performance is under pressure, with both revenue and profits declining. Due to factors such as the company's business adjustment period and weaker demand, the instant business saw a slight decline in 24Q3, while the on-the-go business maintained growth. Looking forward to the company's future improvements.
Xiangpiaopiao (603711) performance review for the first three quarters of 2024: Performance meets expectations, looking forward to peak season performance.
Event: The company released the third quarter report of 2024, achieving revenue of 1.938 billion yuan in 24Q1-Q3, -2.05% year-on-year, net income attributable to the mother of 0.018 billion yuan, +408.98% year-on-year; 24Q3
Xiangpiaopiao (603711): Under pressure in the brewing stage, fruit tea performs relatively well.
On October 30, 2024, xiangpiaopiao released the third quarter report of 2024. Key investment points: revenue slightly under pressure, profit performance stable. Revenue under pressure, overall stable profit. Total revenue for 2024Q1-Q3 is 1.938 billion.
Xiangpiaopiao food (603711): Instant business under pressure, orderly growth of beverage business.
Event: xiangpiaopiao food released the third quarter report of 2024, with the company achieving revenue of 1.938 billion yuan in the first three quarters of 24, a decrease of 2.05% year-on-year, and achieving a net income attributable to the parent company shareholders of 0.018 billion yuan, an increase of 4% year-on-year.
Xiangpiaopiao food (603711): Q3 ready-to-drink sales improved, looking forward to the recovery of growth in the brewing season.
Event overview: The company achieved revenue of 1.938 billion yuan in 24Q1-Q3, a year-on-year decrease of 2.05%, net income attributable to the parent company was 0.018 billion yuan, a year-on-year increase of 408.98%, non-net income attributable to the parent company was -0.058 billion yuan. The company 24.
Xiang Piao Piao: Xiang Piao Piao Report for the Third Quarter of 2024
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