In the first half of 2020, Jianhe's revenue of 5.167 billion yuan in milk powder online business has increased significantly
Published Aug 27, 2020
Tridge summary
Summary: On August 25th, Jianhe announced its results for the first half of 2020. Relevant data showed that Jianhe’s revenue reached 5.167 billion yuan in the first half of the year, an increase of 2.6% year-on-year. Among them, the online business of milk powder increased significantly, with a year-on-year increase of 32.8%.
Original content
China Food Safety Net News (Reporter Niu Chun'an) On August 25th, we are committed to becoming a global leader in the high-end nutrition and health industry-H&H International Holdings Co., Ltd. (stock code: HK.1112, hereinafter referred to as "Jianhe Group" ), officially announced the performance data for the first half of 2020. In the first half of 2020, the group's revenue reached 5.167 billion yuan, a year-on-year increase of 2.6%, and adjusted net profit increased by 8.9% to 658 million yuan. The group’s operating cash flow increased by 25.4% year-on-year, sufficient The Group’s cash balance and stable cash flow better support the Group’s response to challenges and help the Group’s steady and long-term development. Join forces to fight the epidemic to ensure supply to meet demand and take advantage of the trend of the outbreak of the new crown pneumonia epidemic in early 2020. The group immediately launched an emergency plan for epidemic prevention and production. Under the ...
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