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Hongqi Chain (002697): Main business achieves steady growth, and Sichuan investors mainly bring collaborative development
Report guide: The company maintained growth in 2024Q1 under a high base for the same period in 2023, and net profit continued to improve. The company is deeply involved in the stable basic market of Greater Chengdu. After investing in the main, the company can effectively empower and bring about collaborative development and achieve long-term development. throws
Hongqi Chain (002697): The main business grew well in the first quarter
Event: The company released its 2024 quarterly report. (1) The 24Q1 company achieved revenue of 2.67 billion yuan, an increase of 4.6% over the previous year. The gross profit margin was 29.8%, down 0.23 pps year over year. Net profit attributable to mother increased 16 year over year
Hongqi Chain (002697) Review: Focus on the steady growth of the main business, improving the efficiency of new online banking and increasing profits
The company announced its 2024 quarterly report, and the results were in line with expectations. According to the company's announcement, the company achieved revenue of 2,671 billion yuan in 24Q1, an increase of 4.55% over the previous year, and achieved net profit of 163 million yuan to mother, an increase of 15.9 million yuan over the previous year
Hongqi Chain (002697) 24Q1 review: The main retail business is growing steadily under a high base, and the performance of new online banks is impressive, and attention is being paid to the progress of state-owned capital entry
Incident: The company announced its results for the first quarter of 2024, achieving revenue of 2.67 billion yuan, a net profit of 4.55%, a net profit of 163 million yuan, an increase of 15.95%, net profit not attributable to mother of 151 million yuan, an increase of 9.8 million yuan
Open Source Securities released a research report on April 12 stating that Hongqi Chain (002697.SZ) was given a buy rating. The main reasons for the rating include: 1) good performance, mainly due to growth in main business combined with investment income
Open Source Securities released a research report on April 12 stating that Hongqi Chain (002697.SZ) was given a buy rating. The main reasons for the rating include: 1) good performance, mainly due to growth in main business combined with investment income contributions such as new online banking; 2) deepening the convenience store industry to build a competitive advantage, and the Sichuan Provincial State-owned Assets Administration Commission is expected to develop collaboratively as an actual controller. (Mainichi Keizai Shimbun)
Hongqi Chain (002697): Convenience store business maintains strong competitiveness, and new online banking is developing smoothly
The company's 1Q2024 revenue increased 4.55% year on year, and net profit to mother increased 15.95% year on year. On April 11, the company announced its 2024 quarterly report: 1Q2024 achieved revenue of 2,671 billion yuan.
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