Ajisen (China) Posts Lower Mid-Year Profits

Ajisen (China) Holdings Limited (HK:0538) has released an update.

Ajisen (China) Holdings Limited reported a decline in its financial performance for the first half of 2024, with turnover and profits both experiencing significant drops compared to the previous year. The company’s gross profit fell by 4.3% and a notable shift from a profit before tax in 2023 to a loss before tax in 2024 was recorded. Despite an increase in the total number of restaurants, the group faced a decrease in earnings per share from RMB 0.12 to a loss of RMB 0.01.

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