Natural Food IH (01837) released its performance for the six months ended June 30, 2024, with revenue of 0.992 billion yuan (RMB, same below).
According to the release of Natural Food IH (01837) performance for the six months ended June 30, 2024, the revenue was 0.992 billion yuan, an increase of 13.56% year-on-year; the net profit attributable to owners of the company was 90.149 million yuan, an increase of 8.39%; and the basic earnings per share was 0.042 yuan.
The gross margin increased from 63.9% in the same period of 2023 to 65.5% in the reporting period, mainly due to the overall increase in revenue, while the purchasing prices of raw materials and packaging materials decreased compared to the same period, resulting in a small increase in costs.