Baiya 3Q 2024 results: revenue up 58%, profit surges 31%
SHENZHEN, China, October 21, 2024-
Chinese hygiene products manufacturer Baiya Sanitary Products Co. (Baiya) posted financial results for the first three quarters of 2024 (January 1, 2024-September 30, 2024). Revenue jumped by 57.51% year on year to 2.325 billion yuan ($327 million). Net profit attributable to the owners of the parent rose by 30.77% to 239 million yuan. Net profit attributable to the owners of the parent after deducing non-recurring profit and loss grew by 31.76% to 226 million yuan.
During the period under review, revenue of its feminine napkins business surged by 65.9% year on year to 2.153 billion yuan.
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