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Baolishi Food (603170): The operational pressure on the B-side is expanding, and the investment in expenses is damaging profits.
The company's total operating income for 2024 Q1-Q3 was 1.93 billion yuan (+9.72%); net income attributable to the parent company was 0.173 billion yuan (-28.01%), with a non-net profit of 0.159 billion yuan (-12.44%).
Baoli Food (603170): The growth of the main business slowed down in Q3, and the profitability was under pressure.
Event: The company disclosed its performance for the third quarter of 2024: In Q1-Q3 of 24, the company achieved revenue of 1.93 billion yuan, a year-on-year increase of +9.72%; net income attributable to parent company of 0.173 billion yuan, year-on-year -28.01%; net income attributable to non-parent company after deduction.
Baoli Food (603170) third quarter report review in 2024: performance meets expectations, long-term growth is assured.
Summary of this report: Performance meets expectations, with obvious improvement in empty cargo movement; looking forward to the medium and long term, driven by the recovery of dining demand, based on the company's dual expansion in category and channel, we remain bullish on the company's excess returns. Investment highlights: Maintain a "shareholding" rating. Maintain
Shanghai Baoli Food Technology Co., Ltd. Report for the Third Quarter of 2024
Announcement of key operating data for the third quarter of 2024
Baolishi Food (603170.SH): The net income for the first three quarters was 0.173 billion yuan, a year-on-year decrease of 28.01%.
Gelonghui October 29th | Baoli Food (603170.SH) announced that in the first three quarters of 2024, it achieved total operating income of 1.93 billion yuan, a year-on-year increase of 9.72%; net income attributable to the parent company's shareholders was 0.173 billion yuan, a year-on-year decrease of 28.01%; basic earnings per share was 0.43 yuan.
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