Detail akcie China Foods online

Business Summary: China Foods Ltd is an investment holding company principally engaged in beverage business. The Company is mainly engaged in processing, bottling and distribution of sparkling beverage products, and distribution of still beverage products. The Company manufactures, distributes, markets and sells the Coca-Cola series products, offers products which include sparkling drink, juice, water, milk drink, energy drink, tea, coffee, functional nutrition drink, sports drink and plant-based protein drink.
Financial Summary: BRIEF: For the six months ended 30 June 2024, China Foods Limited revenues decreased 9% to RMB11.34B. Net income decreased 6% to RMB565.2M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income also reflects Interest on lease liabilities increase of 48% to RMB2.6M (expense), (Losses)/gains on disposal of PPE increase of 5% to RMB3.8M (expense).