Wanwu Xinsheng (Aihuishou) expects revenue to grow 27.4% in the second quarter of 2024
Posted: Sun Dec 22, 2024 10:09 am
As the core brand of Amer Sports, Arc'teryx became the main "engine" of the company's revenue growth in the first half of the year. Data showed that the functional apparel revenue led by Arc'teryx reached US$918 million, a year-on-year increase of 39.4%, the fastest growth among all brands and business segments, followed by the outdoor sports category represented by Salomon with revenue of US$704 million, a year-on-year increase of 8.1%.
Amer Sports predicts that the company's revenue in the third quarter indonesia phone number sample of this year will increase by 12% to 13% year-on-year. The full-year revenue growth rate is expected to be 15% to 17%. The revenue growth rate of outdoor functional clothing represented by Arc'teryx is expected to exceed 30%, mountain clothing will maintain a mid-to-high single-digit growth, and tennis and other ball business will maintain a low single-digit growth.
The financial report shows that in the second quarter of 2024, the total revenue of Wanwu Xinsheng Group was 3.78 billion yuan, a year-on-year increase of 27.4%, exceeding the high end of the revenue guidance range. In terms of revenue composition, 1P (self-operated) product revenue reached 3.4 billion yuan, a year-on-year increase of 29%, continuing to contribute to the main driving force of revenue growth. 3P (platform) service revenue was 370 million yuan, a year-on-year increase of 14.6%.
In the second quarter, the Group's non-GAAP operating profit was 94.07 million yuan, an increase of 81% year-on-year, a record high; the non-GAAP operating profit margin increased from 1.8% in the same period last year to 2.5%, and it has been profitable for eight consecutive quarters. The non-GAAP net profit for the quarter was 80.49 million yuan, an increase of 121.2% year-on-year, and the non-GAAP net profit margin increased significantly from 1.2% in the same period last year to 2.1%. From the first half of the year, the Group achieved non-GAAP operating profit of more than 170 million yuan, an increase of 80.8% year-on-year.
Amer Sports predicts that the company's revenue in the third quarter indonesia phone number sample of this year will increase by 12% to 13% year-on-year. The full-year revenue growth rate is expected to be 15% to 17%. The revenue growth rate of outdoor functional clothing represented by Arc'teryx is expected to exceed 30%, mountain clothing will maintain a mid-to-high single-digit growth, and tennis and other ball business will maintain a low single-digit growth.
The financial report shows that in the second quarter of 2024, the total revenue of Wanwu Xinsheng Group was 3.78 billion yuan, a year-on-year increase of 27.4%, exceeding the high end of the revenue guidance range. In terms of revenue composition, 1P (self-operated) product revenue reached 3.4 billion yuan, a year-on-year increase of 29%, continuing to contribute to the main driving force of revenue growth. 3P (platform) service revenue was 370 million yuan, a year-on-year increase of 14.6%.
In the second quarter, the Group's non-GAAP operating profit was 94.07 million yuan, an increase of 81% year-on-year, a record high; the non-GAAP operating profit margin increased from 1.8% in the same period last year to 2.5%, and it has been profitable for eight consecutive quarters. The non-GAAP net profit for the quarter was 80.49 million yuan, an increase of 121.2% year-on-year, and the non-GAAP net profit margin increased significantly from 1.2% in the same period last year to 2.1%. From the first half of the year, the Group achieved non-GAAP operating profit of more than 170 million yuan, an increase of 80.8% year-on-year.