Guming's Profit Jumps 37%, Revenue Rises 15% in 2024; Shares Drop 6%

MT Newswires Live
03-31

Guming Holdings' (HKG:1364) profit attributable to owners in 2024 jumped 37% year on year to 1.48 billion yuan or 0.71 yuan per share, according to a Hong Kong Stock Exchange disclosure on March 28.

The attributable profit a year earlier was 1.08 billion yuan or 0.52 yuan per share.

The Chinese teahouse chain's revenue rose 15% to 8.79 billion yuan from 7.68 billion yuan in the preceding year, the disclosure said.

No dividend was declared for the period.

The company's shares dropped over 6% in recent trade.

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