ETERNAL BEAUTY (06883) surged over 4% in late trading, closing up 3.9% at HK$2.13 with a turnover of HK$3.503 million. The company reported interim results for the period ending September, posting total revenue of approximately RMB1.028 billion, a year-on-year decline of 3.4%. However, net profit rose 15.3% to RMB133 million. The board proposed an interim dividend of HK4.6 cents per share and a special dividend of HK3.4 cents per share.
As China's leading premium perfume brand operator, ETERNAL BEAUTY is positioned to benefit from the recovery in high-end consumption and growing demand for fragrances. Huatai Securities noted that the company's multi-brand, omnichannel strategy ensures broad product coverage, with further growth potential in lower-tier cities.
Looking ahead, ETERNAL BEAUTY aims to expand its brand portfolio and strengthen its market leadership. Plans to develop self-operated retail stores and proprietary brands are expected to drive new revenue and profit growth.
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