Shanghai Chicmax Cosmetic Anticipates Up to 75% Higher Profit in 2024

MT Newswires Live

2025/03/03

Shanghai Chicmax Cosmetic (HKG:2145) expects a profit between 750 million yuan and 810 million yuan for 2024, 62% to 75% higher than 461.7 million yuan from the previous year, a Monday Hong Kong bourse filing said.

The cosmetics company attributed the expected increase to a year-on-year increase in revenue from the group's functional skincare brand for babies and children and its anti-aging skincare brand, KANS.

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