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shanghai bairun investment holding group (002568): 3Q24 performance below our expectations, focus on launching whiskey
Performance review for 3Q24 Net income was lower than our expectations. The company released its third quarter performance report: In 3Q24, it achieved revenue of 0.758 billion yuan, a year-on-year decrease of 6%; net income attributable to the parent company was 0.172 billion yuan, a year-on-year decrease of 24%; non-net income was 1.70 billion yuan.
Shanghai Bairun Investment Holding Group (002568): Pre-adjustment liquor business under pressure, focusing on whiskey business performance.
Event: The company released the third quarter report for 2024. According to the company's announcement, the company achieved revenue of 2.386 billion yuan in the first three quarters of 2024, a year-on-year decrease of 2.88%; net income attributable to shareholders was 0.574 billion yuan, a year-on-year decrease of 13.
shanghai bairun investment holding group (002568): Existing businesses are resilient and new businesses are about to be launched.
Event: The company released its third quarter report, with 0.758 billion yuan in revenue for Q3 24, a year-on-year decrease of 5.9%; net income attributable to shareholders was 0.172 billion yuan, a year-on-year decrease of 23.9%. The pre-mixed liquor business maintains sales resilience. In Q3 24, the company's pre-mixed cocktails
Express News | shanghai bairun investment holding group: plans to launch the first batch of whisky finished products at the new product launch on November 19th.
shanghai bairun investment holding group (002568): The third quarter revenue decreased by 6% year-on-year, and demand continues to be under pressure.
Shanghai Bairun Investment Holding Group released its 2024 third-quarter report, achieving a total operating income of 2.386 billion yuan in the first three quarters of 2024, a year-on-year decrease of 2.88%; achieving a net income attributable to the mother of 0.574 billion yuan, a year-on-year decrease of 13.67%; achieving deductions
Shanghai Bairun Investment Holding Group (002568): Revenue decline narrows, new whiskey product to be launched soon
Event: The company released the third quarter financial report for 2024, achieving revenue of 2.386 billion yuan in 2024 Q1-Q3, a 2.88% year-on-year decrease; achieving a net income attributable to the parent company of 0.574 billion yuan, a 13.67% year-on-year decrease.
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