GXG's parent company's net profit in the first half of the year was 6.82 million, a sharp drop of 77.2% year-on-year

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Meituan CFO Chen Shaohui said: "In the first half of this year, local business areas represented by 'food, accommodation, travel, shopping and entertainment' benefited from the traditional peak consumption season. Meituan fully utilized its overall advantages on both the supply and demand sides, and used more diversified supply to meet more new demands. In the future, Meituan will continue to focus on the 'retail + technology' strategy, promote the digital upgrade of the retail industry, and create value for the upstream and downstream industries."

Lianshang News : On August 22, GXG’s parent company, Moschan Group Holdings, released its 2024 interim results.

The report showed that the group's revenue was 1.088 billion country code philippines mobile yuan, a year-on-year increase of 0.3%; profit attributable to shareholders was 6.82 million yuan, a year-on-year decrease of 77.2%; gross profit was 583 million yuan, a year-on-year increase of 1.0%, and gross profit margin increased slightly to 53.6%.

Among them, GXG's revenue increased by 6.2% year-on-year to 978 million yuan, accounting for 89.9% of the group's total revenue; gxg jeans' revenue decreased by 8.7% year-on-year to 79.02 million yuan, accounting for 7.3% of the group's total revenue; gxg.kids' revenue plummeted by 86.9% to 7.41 million yuan.



Among them, delivery services achieved revenue of 23.021 billion yuan in the second quarter, a year-on-year increase of 13%, mainly due to the increase in the number of transactions. Commissions achieved revenue of 22.825 billion yuan in the second quarter, a year-on-year increase of 20.7%. Online marketing services achieved 12.36 billion yuan in the second quarter, a year-on-year increase of 19.9%. Other services and sales (including interest income) achieved revenue of 24.045 billion yuan in the second quarter, a year-on-year increase of 30.9%, mainly due to the increase in the number of active online marketing merchants.