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Shanghai Flyco Electrical Appliance (603868): Increased promotional efforts + adjustments to the low-end product line have put pressure on the performance in the first half of 2024. Revenue from hair dryers has shown good growth.
The performance of H1 2024 is under pressure, waiting for the launch of new products to drive revenue performance improvement, maintaining a "buy" rating. In H1 2024, the company achieved revenue of 2.319 billion yuan (down 13.27% year-on-year, as above), with a net income of 3.15 billion yuan.
Shanghai Flyco Electrical Appliance (603868): Under pressure in Q2 2024, sticking to the dual brand strategy of 'Flyco + Borui'. Rapid growth in the hairdryer category.
The company's 24H1 revenue/net profit attributable to the parent/deducted non-net profit1.231 billion yuan, a year-on-year decline of 13.27/48.13/45.70%. The company's 24Q2 revenue/net profit attributable to the parent/deducted
Shanghai Flyco Electrical Appliance (603868): Hair dryer sales perform well, with the company investing heavily in promotional expenses.
Event: In H1 2024, the company achieved revenue of 2.319 billion yuan, a year-on-year decrease of 13.27%, and a net income attributable to shareholders of 0.315 billion yuan, a year-on-year decrease of 48.13%; among them, in Q2 2024, revenue reached 11.
Shanghai Flyco Electrical Appliance (603868) 2024 Interim Report Review: High Sales Expense Investment, Q2 Company Performance Under Pressure.
Event: On August 27, 2024, the company released the 2024 interim report. The company achieved a revenue of 2.319 billion yuan in the first half of 2024, a year-on-year decrease of 13%; achieving a net income attributable to the mother of 0.315 billion yuan, a year-on-year decrease
Shanghai Feike Electric Co., Ltd. 2024 Semi-Annual Report
Summary of the 2024 semi-annual report of Shanghai Feike Electric Co., Ltd.
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