Chacha Food sees revenue growth in 2024

Chacha Food Co., Ltd. announced its preliminary financial results for 2024, reporting a total operating revenue of 7.131 billion yuan, a 4.79% increase compared to the previous year. Net profit attributable to shareholders reached 852.45 million yuan, marking a 6.19% rise. The company attributed the growth to increased channel penetration, successful high-end product performance, and expansion in overseas markets. Total assets increased to 10.094 billion yuan, up 7.40% from the beginning of the year, while net assets attributable to shareholders amounted to 5.733 billion yuan, a 3.69% increase. The company cautioned that these figures are preliminary and subject to change after the final audit.