H&M, the Swedish fashion group, announced in its 2024 fiscal year's first three quarters financial report that the sales revenue for the period remained flat compared to the same period last year, reaching 172.29 billion Swedish kronor (approximately 119.14 billion yuan), with a 19% year-on-year increase in after-tax profit to 8.5 billion Swedish kronor (approximately 5.88 billion yuan), and the gross profit increased by 53%.
H&M:2024财年前三季度销售额持平,税后利润同比增长19%
H&M: Sales revenue remained flat in the first three quarters of the 2024 fiscal year, with a 19% year-on-year increase in net profit after tax.
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