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Haw Par H1 2024 Profit up 17.1%, but Cost Pressures Weigh on Margins

Haw Par H1 2024 Profit up 17.1%, but Cost Pressures Weigh on Margins

虎豹企業2024年第一季度利潤增長17.1%,但成本壓力影響了利潤率。
Singapore Business Review ·  08/16 09:47

Its gross margin dipped to 54.6%

其毛利率下降至54.6%。

Tiger balm maker Haw Par reported a 17.1% YoY higher net profit of $122m in H1 2024, aligned with the increase in its revenue.

虎豹企業製造虎標萬金油報告,2024上半年淨利潤同比增長17.1%,達到1.22億美元,與其營業收入的增長趨勢一致。

In H1, the company's revenue rose 6.3% YoY to $118.1m, driven by robust demand for its healthcare products.

在上半年,該公司的營業收入同比增長6.3%,達到1.181億美元,保健產品需求旺盛帶動了這一增長。

The company, however, said the 11/4% YoY increase in the cost of sales amid higher overheads and labour costs affected revenue growth, also affecting its gross margin, which dipped to 54.6%.

然而,成本銷售額同比增長11.4%,加上開銷和勞動力成本增加影響了收入增長,並導致其毛利率下降至54.6%。

With improved profit, the company reported higher basic earnings per share attributable to its equity holders of $0.551.

利潤改善,公司報告歸屬於股東的基本每股收益爲0.551美元。

譯文內容由第三人軟體翻譯。


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