Uni-President China Holdings (HK:0220) has released an update.
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Uni-President China Holdings Ltd. reports a robust interim financial performance for the first half of 2024, with a 6% increase in revenue to RMB 15,448.6 million and a significant 10.2% rise in profits attributable to equity holders. The company’s growth is attributed to strong government support for market demand in China, innovative marketing, and an optimization of product mix, which led to a 33.8% gross margin, a 2.7 percentage point increase. The financial growth is also reflected in the increased investment in selling and marketing expenses to promote new products.
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