Helen's International Revises Revenue Segment Contributions for H1; Shares Down 4%

MT Newswires
17 Sep 2024

Helen's International (SGX:HLS, HKG:9869) informed shareholders of updates to the group's overall contribution and contribution margin of its branded and third party alcoholic brands for the half ended June 30, according to a filing with the Singapore Exchange on Monday.

The company's contribution margin from its branded alcoholic drinks decreased year over year to 124.5 million yuan while margin from all third party branded alcoholic drinks was down 54% year over year to 42.8 million yuan.

Shares of the bar operator were down over 4% in recent trading.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10