What happened
Botanee announced on Aug. 31 that it welcomed 18 institutions, including Guohai Franklin, for research visits between Aug. 1 and Aug. 31.
The company was represented by Deputy General Manager, CFO and Board Secretary Wang Long, Investor Relations lead Zhang Shengye, and IR Wang Danqi.
In response to a question on H1 results, Botanee reported revenue of RMB 2.592 billion, up 9.27% year on year; net profit attributable to shareholders of RMB 292 million, up 18.30%; and net profit attributable to shareholders excluding non-recurring items of RMB 246 million, up 34.85%.
Why it matters
The faster growth in profits versus revenue suggests the company's operational efficiency improved during the period, a point Botanee itself emphasized.
The research visit by 18 institutional investors indicates active interest in the company's latest performance and strategy.
Key facts
Botanee received research visits from 18 institutions between Aug. 1 and Aug. 31.
H1 revenue reached RMB 2.592 billion, up 9.27% year on year.
Net profit attributable to shareholders reached RMB 292 million, up 18.30%; excluding non-recurring items, it was RMB 246 million, up 34.85%.
What to watch next
The source excerpt cuts off during Botanee's answer about its Winona Baby brand's H1 performance, so the full disclosure may contain more details.
Investors may track whether the trend of profit growth outpacing revenue continues in the coming quarters.