China Dongxiang (03818) announced that in the second quarter of the 2024/25 fiscal year, the group's Kappa brand stores...
According to the Zhitong Finance APP, China Dongxiang (03818) announced that in the second quarter of the 2024/25 fiscal year, the group's Kappa brand store retail revenue achieved a high single-digit decrease compared to the previous year.
In the first half of the 2024/25 fiscal year, the group's Kappa brand store retail revenue achieved a moderate to high single-digit decrease compared to the previous year.
In the second quarter of the 2024/25 fiscal year, calculated based on the Kappa brand stores that were already in operation at the beginning of the same quarter last year, same-store sales achieved a 10%-20% decrease year-on-year.
In the first half of the 2024/25 fiscal year, calculated based on the Kappa brand stores that were already in operation at the beginning of the same quarter last year, same-store sales achieved a moderate to high single-digit decrease year-on-year.
As of the end of the second quarter ending on September 30, 2024, the number of the group's Kappa brand stores was 1,001, a net decrease of 11 stores compared to March 31, 2024.