Chinanews.com, April 25, 2010.TaitoegretiiminiShanghai Jiahua (600315) released its first quarter report in 2024. From January to March this year, the company achieved revenue of 19%.Taitoegretiimini0.05 billion yuan, down 3% from the same period last yearTaitoegretiimini.76%; belong to shareholders of listed companiesTaitoegretiiminiThe net profit was 256 million yuan, an increase of 11.18% over the same period last year, while the non-net profit was 293 million yuan, an increase of 29.17% over the same period last year.

Source: Shanghai Jiahua Quarterly report

At the performance presentation meeting, Shanghai Jiahua management said that in the first quarter, the domestic business achieved revenue of 1.569 billion yuan. Of this total, the Beauty and skin Care and Maternal and Child Business Department achieved revenue of 393 million yuan, while the personal Care Division achieved revenue of 1.168 billion yuan. Overseas business earned 337 million yuan, but it was still under great pressure. According to the business plan, the company began to launch new products on the market in the second quarter, and stepped up marketing activities to strive for business improvement.

According to the financial report, Shanghai Jiahua's gross profit margin rose to 63.27% in the first quarter. In response, the management explained that, on the one hand, low procurement prices of major raw materials lead to lower costs; on the other hand, the company's product structure optimization, the overall strategy to high gross margin, high growth, high premium categories and channels transfer, focus, and reduce or peel off low gross margin, low growth category brands.