Jinhong Fashion Group (603518.SH) reported a net profit of 307 million yuan in 2024, an increase of 3.02% year-on-year.

Jinhong Fashion Group (603518.SH) disclosed its performance report for the year 2024. In 2024, the company is expected to achieve operating income of 4.395 billion yuan, a year-on-year decrease of 3.3%; achieving a net profit attributable to the mother of 307 million yuan, an increase of 3.02% year-on-year. In the year 2024, the company's online business saw steady growth amidst changes in the external consumer environment, while offline business experienced a slight decline. The company's operating quality and efficiency continued to improve, sales expenses were effectively controlled, and financial expenses saw a significant year-on-year decrease.