Capital, Earnings & M&A
Three Squirrels, Lai Yifen, and Bestore Financial Report PK: Can't 'Roll' Out a New Story?
In the first half of 2021, Lai Yifen's profit increase without revenue growth was tied to investment income, with wealth management products and equity transfer gains totaling 68.0368 million yuan, accounting for 62.81% of net profit. Without this, the company would still be loss-making. As the post-pandemic era stabilizes snack consumption, traditional festivals and e-commerce shopping festivals in H2 2021 are expected to boost performance further.
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