Market Insight

2024.07.17 09:05

Market News YAN PALACE (01497) expects 1H profit down 40-50%

(Infocast News) YAN PALACE (01497) issued a profit warning. It is expected that the Group may record revenue of RMB1,045 million to RMB1,090 million for the six months ended June 30, 2024, representing an increase of 10% to 15% as compared to the revenue for the same period in 2023, and the Group may record net profit of RMB50.0 million to RMB60.0 million for the 2024 Interim Period, representing a decrease of 40% to 50% as compared to the net profit for the same period in 2023. (WL)

Data Source：INF