Mulsanne Group Holding Limited ( (HK:1817) ) has provided an update.
Mulsanne Group Holding Limited reported an increase in gross profit margin to 52.8% for the year ended December 31, 2024, driven by product mix optimization and operational efficiency. The company’s main brand, GXG, saw a 3.0% increase in sales revenue, attributed to effective brand promotion, enhanced product research and development, and improved supply chain and quality control systems. Despite a slight decrease in overall revenue, the company achieved a profit of RMB30.9 million, reflecting its strategic focus on market influence and product innovation.
More about Mulsanne Group Holding Limited
Mulsanne Group Holding Limited is a company incorporated in the Cayman Islands, primarily operating in the fashion industry. The company focuses on the design, marketing, and sale of fashion products, with its main brand being GXG, which emphasizes the fusion of Chinese traditional cultural heritage with modern fashion trends.
YTD Price Performance: 10.23%
Average Trading Volume: 40,357
Technical Sentiment Signal: Buy
Current Market Cap: HK$460.8M
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