CABBEEN(02030) released its 2024 annual performance. The net profit attributable to shareholders was 27.415 million yuan, an increase of 31.72% year-on-year.

CABBEEN (02030) released its annual results for the year ended December 31, 2024, reporting a revenue of 1.035 billion yuan, a decrease of 12.93% compared to last year. The net profit attributable to equity shareholders of the company was 27.415 million yuan, an increase of 31.72%, with a basic earnings per share of 4.1 cents. As of December 31, 2024, the group had 4 wholesale distributors, 19 consignment distributors, and 102 secondary distributors, operating a total of 650 retail stores in Mainland China (compared to 568 stores in 2023). The group also operated five retail stores in Hong Kong (compared to six stores in 2023). In addition, the group operated a micro mall and other online stores on platforms such as Tmall, JD.com, Vipshop, Douyin, and sold products to other online distributors.