Jiujiuwang Food Reports Increased Mid-Year Profits

Jiujiuwang Food International Limited (HK:1927) has released an update.

Jiujiuwang Food International Limited reports a modest increase in profit for the six-month period ending June 30, 2024, with earnings rising from 7,275 RMB’000 in 2023 to 7,822 RMB’000 despite a slight drop in revenue. The company also saw a positive shift in other comprehensive income, resulting in a total comprehensive income of 8,290 RMB’000, a significant improvement over the 5,552 RMB’000 recorded in the previous year. Basic and diluted earnings per share have increased marginally from 0.9 to 1.0 RMB cents.

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