Earnings Call Summary | HF Foods(HFFG.US) Q1 2024 Earnings Conference
Earnings Call Summary | HF Foods(HFFG.US) Q1 2024 Earnings Conference
The following is a summary of the HF Foods Group Inc. (HFFG) Q1 2024 Earnings Call Transcript:
以下是HF食品集團公司（HFFG）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
HF Foods reported Q1 net revenue of $295.7 million, up 0.6% year over year, driven mainly by product cost inflation and improved pricing in some categories.
Gross profit increased by 0.5% to $50.4 million for the quarter.
The company's operating income for the quarter marked a loss of $0.1 million, improving from a loss of $2.8 million the previous year.
Net loss improved to $0.6 million for Q1, compared to a net loss of $5.8 million for the prior year.
Adjusted EBITDA increased by approximately 51.4% to $8.7 million for the quarter, as compared to $5.7 million for the prior year.
HF Foods公佈的第一季度淨收入爲2.957億美元，同比增長0.6％，這主要是受產品成本上漲和某些類別定價改善的推動。
本季度毛利增長了0.5％，達到5,040萬美元。
該公司本季度的營業收入虧損10萬美元，較去年的280萬美元虧損有所改善。
第一季度淨虧損增至60萬美元，而去年同期淨虧損爲580萬美元。
本季度調整後的息稅折舊攤銷前利潤增長了約51.4％，至870萬美元，而去年同期爲570萬美元。
Business Progress:
業務進展：
HF Foods' operational transformation plan, including centralized purchasing and a nationwide fuel savings program, is well underway.
To increase efficiency, the company has ordered replacements for 25% of its fleet, with new trucks expected to be in service by the end of 2024.
Part of a digital transformation process, they're implementing a modern ERP solution.
The first phase of facility upgrade initiatives has begun, with two new state-of-the-art facilities in the Southeast region.
For further geographic expansion, the company is actively exploring a M&A growth strategy.
HF Foods的運營轉型計劃，包括集中採購和全國燃料節約計劃，正在順利進行中。
爲了提高效率，該公司已訂購了其25％的車隊的替代品，新卡車預計將於2024年底投入使用。
作爲數字化轉型過程的一部分，他們正在實施現代ERP解決方案。
設施升級計劃的第一階段已經開始，在東南部地區新建了兩座最先進的設施。
爲了進一步地域擴張，該公司正在積極探索併購增長戰略。
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譯文內容由第三人軟體翻譯。