Financial

Pou Sheng’s Q1 benefits from China recovery

By 2023-05-10T15:00:00

Pou Sheng International

Helped by the gradual recovery of in-store traffic and an acceleration in its digital business, Pou Sheng Intl. reported a 71.0 percent increase in Q1 operating income to yuan renminbi 332.7 million (€43.8m) from RMB 194.5 million as the operating profit margin increased by 220 basis points to 5.7 percent ...

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