According to the Zhitong Finance APP, Pou Sheng Int'l (03813) released its performance for the nine months ending on September 30, 2024, during which the group achieved revenue of 13.984 billion yuan (RMB, the same below), a decrease of 9.45% year-on-year; the attributable net profit of the company increased by 10.44% to 0.343 billion yuan.

The announcement stated that despite the challenging operating environment, the group's gross margin for this period was 34.0%, up by 0.9 percentage points, mainly benefiting from successful discount control and efficient inventory management. In addition, the group is committed to cost reduction and efficiency improvement, further supporting the rise in operating profit margin by 0.4 percentage points to 3.7% for this period. The group also maintains a strong financial position with good net cash as of September 30, 2024.