Earnings Update: Lao Feng Xiang Co., Ltd. (SHSE:600612) Just Reported Its First-Quarter Results And Analysts Are Updating Their Forecasts
Lao Feng Xiang Co., Ltd. (SHSE:600612) came out with its first-quarter results last week, and we wanted to see how the business is performing and what industry forecasters think of the company followi
Lao Fengxiang (600612): Excellent profit side performance in 24Q1, actively trying to cooperate with e-commerce platforms
The company achieved operating income of 71.44 billion yuan in 2023, an increase of 13.4% over the previous year, and achieved net profit of 2.21 billion yuan, an increase of 30.2% over the previous year. In 24Q1, the company's revenue and net profit to mother increased by 4 per cent year over year, respectively.
Lao Fengxiang (600612): Achieving results in the first quarter, a good start, and operating leverage efficiency continues to show
Investment highlights: The company announced its 2023 annual report and 2014 quarterly report, and the results were in line with expectations. According to the company's announcement, 1) The company achieved revenue of 71,436 billion yuan for the full year of 2023, an increase of 13.37% over the previous year, and was listed
China Gold (600916): Franchise stores grow rapidly and further enrich the product matrix with high dividends to give back to shareholders
Core idea In 2023, the company achieved operating income of 56.364 billion yuan, +19.61% year-on-year; achieved net profit of 973 million yuan, +27.20% year-on-year; achieved net profit of 881 million yuan after deduction of non-return to mother
Acer Chao (002345) 2023 Report and 2024Q1 Quarterly Report Review: Offline Channels Continue to Expand Actively, 24Q1 Performance Achieves Steady Growth
The incident describes the company's release of its 2023 annual report and 2024 quarterly report. In 2023, the company achieved revenue of 5.09 billion yuan, a year-on-year increase of 33.56%, and achieved net profit of 333 million yuan to mother, a year-on-year increase
Lao Fengxiang (600612): Net increase of 385 stores throughout the year, net profit to the mother increased 12% in 24Q1
Key investment points: 23/24Q1 net profit to mother increased by 30.23%/12.00%, and dividends increased. In '23, the company achieved revenue of 71,436 billion yuan/ +13.37%, gross profit margin of 8.30% /+0.72