Shirble store (00312) released its performance for the six months ended June 30, 2024, with revenue of 97.903 million...
According to the Zhitong Finance APP, Shirble store (00312) released its performance for the six months ended June 30, 2024, with revenue of 97.903 million yuan (RMB, the same below), a year-on-year increase of 6.5%; the attributable loss to owners of the company was 18.478 million yuan, a year-on-year narrowing of 71.1%; and the basic loss per share was 0.01 yuan.
In the first half of 2024, the group continued to increase its revenue by providing a better shopping experience for customers and offering high-quality goods and services to meet the needs of the middle-class population in specific markets in China. The group also improved operating costs to enhance long-term efficiency and sustainability.
As of June 30, 2024, the group operates and/or manages 14 department stores with a total floor area of 0.2428 million square meters, of which 38.0% are self-owned properties.
In addition, given the continuous downward pressure on the real estate industry in China, the group has completed the divestment of its significant real estate investment and continues to optimize and rationalize the group's business focus to make it competitive and advantageous in core businesses.