605089 Suzhou Weizhixiang Food
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Suzhou Weizhixiang Food News
Flavorchew (605089): Decreased pressure compared to the previous period, actively expanding channel customers.
The company announced the 2024 third quarter report. In the first three quarters of 2024, the company achieved a total revenue of 0.511 billion yuan, a year-on-year decrease of -17.50%, and a net profit attributable to the mother of 0.068 billion yuan, a year-on-year decrease of -36.83%, net profit attributable to the non-parent
Taste Knows Fragrance (605089) Third Quarter Report Review for 2024: Meeting Expectations, Looking Forward to Recovery
Executive Summary: In Q3 24, the company's decline in revenue and profit narrowed, mainly due to the low base and some price stabilization in certain categories. Demand recovery still needs to be gradual. Investment Highlights: Investment recommendation: maintain a 'shareholding' rating. Maintain
Wei Zhixiang (605089): Operation under pressure, waiting for improvement.
Event: The company released the third quarter report of 2024. In the first 3 quarters of 2024, the company achieved revenue of 0.511 billion yuan, a year-on-year decrease of 17.50%; net profit attributable to shareholders of 0.068 billion yuan, a year-on-year decrease of 36.83%; net profit attributable to non-parent
Suzhou Weizhixiang Food Co., Ltd. Recorded A 5.9% Miss On Revenue: Analysts Are Revisiting Their Models
Third Quarter Report 2024
Announcement of key operating data for the third quarter of 2024
Wei Zhi Xiang (605089.SH) released its performance for the first three quarters, with a net income of 67.7245 million yuan, a year-on-year decrease of 36.83%.
Wei Zhi Xiang (605089.SH) released the third quarter report for 2024, with revenue for the first three quarters of the company reaching 5.1 billion yuan...
Awei Zhi Xiang (605089.SH): The net income in the first three quarters was 67.7245 million yuan, a decrease of 36.83% year-on-year.
On October 29, Weichixiang (605089.SH) announced that it had achieved revenue of 0.511 billion yuan in the first three quarters of 2024, a decrease of 17.50% year-on-year; net income attributable to shareholders of listed companies was 67.7245 million yuan, a decrease of 36.83% year-on-year; basic earnings per share were 0.49 yuan.
Wei Zhi Xiang (605089): 24Q3 performance under pressure, waiting for improvement.
Q1-Q3 24 net income attributable to owners of the parent/non-GAAP net income 0.51/0.07/0.07 billion, -17.5%/-36.8%/-36.8% year-on-year; corresponding to Q3 24 revenue/net income attributable to owners of the parent/
Wei Zhi Xiang (605089.SH): Currently, the company is conducting pilot reforms for more than 30 franchise stores in the Wuxi market.
Gelonghui September 10th | Weizhixiang (605089.SH) stated at the performance explanation meeting that, in terms of retail channels, the company adheres to the strategy of concurrently developing new stores and upgrading and optimizing old stores. Currently, the company is conducting pilot renovations for more than 30 franchise stores in the Wuxi market, upgrading and transforming the stores in terms of store decoration, product display, product structure, etc. More than 20 stores have been upgraded and received good feedback from the market. The company will gradually promote this method to stores in other regions. The company has also introduced the "Smart Operation" system to enhance the management capabilities of franchise store systems; in terms of wholesale channels, the company will
Wei Zhi Xiang (605089) 2024 Interim Report Review: Second quarter under pressure, actively developing channel resources.
The company announced its 2024 interim report. In the first half of 24, the company achieved a total revenue of 0.327 billion yuan, a year-on-year decrease of -21.53%, and a net profit attributable to the mother of 0.042 billion yuan, a year-on-year decrease of -43.37%. In Q2 of 24, the company achieved a total revenue of 1.
Wei Zhi Xiang (605089): Both revenue and profit are under pressure, strengthening the expansion of commercial supermarkets channels.
Event: The company released its 24th interim report, with revenue of 0.327 billion, a decrease of 21.53%; net profit attributable to the parent company was 0.042 billion, a decrease of 43.37%; non-net profit attributable to the parent was 0.041 billion, a decrease of 43.10%; gross margin was 24.85%, a decrease of 1.
Taste fragrance (605089): Performance under pressure, sorting out channel support policies.
On August 28, 2024, Weizhixiang released its 2024 interim report. Investment Highlights: Weak external demand, performance under pressure. The company's revenue for 2024H1 was 0.327 billion yuan (a decrease of 22% year-on-year), with net profit attributable to shareholders.
Suzhou Weizhixiang Food Co., Ltd. Just Missed Revenue By 17%: Here's What Analysts Think Will Happen Next
Flavor Knows Fragrance (605089): Performance lower than expected, expecting gradual recovery.
This report outlines that the company's product sales price affects revenue due to cost reductions, while the start of new factory production leads to an increase in depreciation and amortization fixed costs, resulting in short-term profit fluctuations. The company is actively promoting store upgrades, expanding product categories, and developing scenes, with an expectation of gradual demand recovery. Investment is required.
Weijizhi (605089): The operation of the first half of 24H is under pressure, focusing on store adjustments.
Q2 company revenue/parent net income year-on-year -24.94%/-40.12%, 24H1 net decrease of 45 franchise stores, Q2 closed stores have slightly increased, single-store revenue still under pressure. Looking ahead to H2, the C end accelerates store expansion.
Wealthy and Fragrant (605089): Decline in individual store revenue and slower-than-expected store openings putting pressure on profitability.
The company's performance in 1H24 was lower than expected. The company announced the performance for 1H24: Revenue of 0.327 billion yuan, a decrease of -21.53% compared to the same period last year; net income attributable to shareholders of 0.042 billion yuan, a decrease of -43.37% compared to the same period last year; non-recurring net income attributable to shareholders of 0.
2024 Semi-Annual Report
2024 Semi-Annual Report Summary
Wei Zhi Xiang (605089.SH): Net income in the first half of the year was 42.2891 million yuan, a year-on-year decrease of 43.37%.
On August 28, Gelunhui announced its semi-annual report for 2024, achieving a revenue of 0.327 billion yuan, a year-on-year decrease of 21.53%; net income attributable to shareholders of listed companies was 42.2891 million yuan, a year-on-year decrease of 43.37%; net income attributable to shareholders of listed companies after deducting non-recurring gains and losses was 41.3604 million yuan, a year-on-year decrease of 43.10%; basic earnings per share was 0.31 yuan.
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