Capital, Earnings & M&A
Toly Bread's Performance Once Slid, If It Doesn't 'Roll' Soon, Will It Really Be Over?
According to China Candy, Toly Bread, known as the 'first bread stock,' reported its first simultaneous decline in revenue and net profit since listing in its 2024 financial report. Recently, the 'bread king' released its Q1 2025 results, which were equally disappointing, if not worse. The company's Q1 2025 total revenue was 1.201 billion yuan, down 14.2% year-on-year; net profit attributable to shareholders was 84.0372 million yuan, down 27.07%.
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