Beida Jade Bird (08095) announced its mid-term performance for 2024, with revenues of about 0.215 billion yuan, a year-on-year decrease of 6.45%. The company's owners suffered a loss of 6.049 million yuan, while in the same period last year, they enjoyed profits of about 0.377 billion yuan. Loss per share was 0.4 points.
According to the announcement, the decline in revenue was mainly due to the performance of the group's tourism development business, which was affected by extreme weather during the retrospective period. The reversal from profit to loss was mainly due to the comprehensive impact of the following factors: in the first half of 2023, the group sold its sales shares of Jade Bird Fire and obtained a profit of about 0.3655 billion yuan from selling an associated company, but there was no such income in the first half of 2024; in the first half of 2023, the group sold 40% equity in its Hengsheng Fund and incurred a loss of about 32 million yuan from selling an associated company, but there was no such loss during the period; and the share of profits in associated companies reduced from about 71.3 million yuan in the same period of 2023 to about 22.9 million yuan.
The weather is good today The weather is good today.
