
Coco Q3 2024 results: revenue slipped 2.19%, net profit down 18.87%
SHENZHEN, China, October 28, 2024-
Chinese hygiene products manufacturer Hangzhou Coco Healthcare Products Co. (Coco) posted its earnings results for the first nine months of 2024 (January-September). Revenue slipped by 2.19% year on year to 789.11 million yuan ($110.68 million). Net profit attributable to owners of the parent fell by 18.87% to 22.07 million yuan. Net profit attributable to owners of the parent after deducing non-recurring profit and loss was 16.85 million yuan, down 35.28%.
Founded in Hangzhou, Zhejiang Province in 2001, Coco is one of the leading Chinese adult incontinence products manufacturers which was listed in the second board of the Shenzhen Stock Exchange in June 2021.
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