
BAWANG GROUP: Total revenue in the first half of 2024 is approximately RMB 1.098 billion, a year-on-year increase of 10.3%

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BAWANG GROUP achieved a total revenue of approximately 109.8 million RMB in the first half of 2024, a year-on-year increase of 10.3%. Operating profit was 1.7 million RMB, and net profit was 1.2 million RMB, both decreasing compared to the same period last year. Online sales revenue reached 55.6 million RMB, with a year-on-year growth of 21.6%. The revenue of its core brand BAWANG was around 104.3 million RMB, accounting for 95.0% of the total revenue, showing a year-on-year increase of 8.6%
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