Zhou Hei Ya Reports Downturn in 2024 Interim Results

Zhou Hei Ya International Holdings Company Limited (HK:1458) has released an update.

Zhou Hei Ya International Holdings Company Limited reported a significant decline in their interim financial results for the first half of 2024, with revenue dropping by 11% and profits plunging 67.7% compared to the same period in 2023. The company’s total retail stores decreased, as did sales volume and average spending per order, reflecting challenges in both self-operated and franchised stores. Notably, the company also saw a shift in revenue contributions, with online channels and other product sales experiencing changes.

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