361 Degrees International Limited provided unaudited consolidated earnings guidance for the six months ended 30 June 2022. For the period, the company is expected to increase by not less than 30% as compared with the profit attributable to the equity shareholders of the Company for the six months ended June 30, 2021. The improvement in the performance of the Group was mainly attributable to the steady increase of revenue due to the improved innovation of the Group, and the launch of more new products with high functionality and premium; the adoption of refined digital management, which further improved cost and expense control; the Company's redemption of the 7.25% senior notes due 2021 issued by the Company, resulting in interest reduction; and the decrease in tax charge in relation to the remittance of funds from mainland China due to the Company's redemption of Senior Notes in the first half of 2021.
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5-day change | 1st Jan Change | ||
4.48 HKD | -3.66% | -2.82% | +29.11% |
04-25 | 361 Degrees International Limited Approves Final Dividend for the Year Ended 31 December 2023 | CI |
04-10 | 361 Degrees International Posts Sales Growth Across Offline, Online Stores in Q1 | MT |
EPS Revisions
Quarterly revenue - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+29.11% | 1.23B | |
+20.71% | 43.61B | |
+39.38% | 11.98B | |
+87.64% | 9.44B | |
-10.00% | 4.82B | |
+0.81% | 3.29B | |
+26.98% | 1.87B | |
-24.63% | 808M | |
-4.49% | 751M | |
+10.48% | 416M |
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- 361 Degrees International Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended June 30, 2022