Baoshilong (0592) made a profit of 127 million yuan for the year, an increase of 4.8 times. The final dividend was 3.17 cents per share, and a special dividend of 1.56 cents was paid. During the period, the company's revenue increased 1% to 2,548 million yuan, and gross margin increased by 3 percentage points to 51%.
The company said that the integration of stores has been gradually completed, and store productivity has regained its upward trajectory, which has led to a 9% increase in same-store sales. Same-store sales in the Hong Kong and Macau retail business increased by 12%, and recorded positive growth for 5 consecutive years. The export franchise business also recorded a record high in sales. However, the Group's performance in markets outside of Hong Kong is not as good as it should be, which may be a source of concern.
According to PowerTicker's capital market data, the selling pressure of Baoshilong's stock price in the past two months was clearly high, but after rising above 0.7 yuan, the stock price was still able to rise above 0.7 yuan. Recently, there has been a lot of selling pressure at 0.74 yuan. If it can rise above, it is expected that it will challenge the 0/767 level.