tiprankstipranks
Helens International Holdings Reports Steady Gross Margins
Company Announcements

Helens International Holdings Reports Steady Gross Margins

Helens International Holdings Company Limited (HK:9869) has released an update.

Invest with Confidence:

Helens International Holdings Company Limited has updated its interim financial results for the first half of 2024, indicating a slight decrease in contribution margins for its branded alcoholic drinks due to marketing activities, while maintaining a robust 70% gross margin in self-operated bars. The update also highlights an increase in sales share for their own branded spirituous drinks and third-party brand alcoholic drinks, following product launches and pricing strategies.

For further insights into HK:9869 stock, check out TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App