Helen's International Revises Revenue Segment Contributions for H1; Shares Down 4%

MT Newswires

2024/09/17

Helen's International (SGX:HLS, HKG:9869) informed shareholders of updates to the group's overall contribution and contribution margin of its branded and third party alcoholic brands for the half ended June 30, according to a filing with the Singapore Exchange on Monday.

The company's contribution margin from its branded alcoholic drinks decreased year over year to 124.5 million yuan while margin from all third party branded alcoholic drinks was down 54% year over year to 42.8 million yuan.

Shares of the bar operator were down over 4% in recent trading.

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