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Helens International Holdings Reports Steady Gross Margins

Helens International Holdings Reports Steady Gross Margins

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

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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.

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