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An announcement from Sichuan Baicha Baidao Industrial Co., Ltd. Class H ( (HK:2555) ) is now available.
Sichuan Baicha Baidao Industrial Co., Ltd. reported a decrease in revenue for the year ended December 31, 2024, with a 13.8% decline compared to the previous year. The company attributed this decline to shifts in consumer behavior and increased market competition, prompting it to implement supportive policies and favorable pricing for franchisees, as well as increased marketing efforts. Despite the revenue drop, the company continues to expand its ChaPanda store network into lower-tier cities, aiming to capture growth potential and enhance brand visibility.
More about Sichuan Baicha Baidao Industrial Co., Ltd. Class H
Sichuan Baicha Baidao Industrial Co., Ltd. is a joint stock company incorporated in China, primarily engaged in the sale of goods and equipment for tea drink production, including dairy products, tea leaves, fruits, packaging materials, and store equipment. The company also generates revenue through royalty and franchising fees, and operates a network of ChaPanda stores across various city tiers in China.
YTD Price Performance: -15.90%
Average Trading Volume: 2,833,942
Technical Sentiment Signal: Strong Buy
See more data about 2555 stock on TipRanks’ Stock Analysis page.