Jiumaojiu International (HKG:9922) expects an attributable profit of at least 50 million yuan for 2024, down from 453.5 million yuan in the previous year, according to a Monday filing with the Hong Kong bourse.
The company attributed the expected profit decline to the decline in same-store performance of the Group's restaurants due to intensified competition in the catering market, one-off store closure losses and impairment losses, and a decrease in other income.
The company's stocks were up by 7% at the close of trading.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。