Giordano International — Q1 2024 Earnings Presentation

4 slides from Giordano International's earnings presentation, Apr 19, 2024

Slide 1: 2024 First Quarter Unaudited Operations Update
2024 First Quarter Unaudited Operations Update  April 19, 2024
Slide 2: Revenue Analysis
Revenue Analysis • A minor drop in the first quarter partly due to our ongoing store consolidation cycle in Greater China The first quarter ended March 31st (In HK$ million) 2024 Contribution 2023 Contribution Change Greater China 399 41.5% 458 47.1% (12.9%) Southeast Asia and Australia 395 41.1% 36
Slide 3: System inventories
System inventories • A significant drop in Group inventory balance • Healthy and stable system inventories At March 31 December 31 March 31 (In HK$ million) 2024 2023 2023 Inventories owned by the Group 491 474 569 Inventories held by 48.5% South Korea joint venture 179 182 194 Inventories held by f
Slide 4: Store portfolio
Store portfolio Stores at March 31 2024 2023 Taiwan 166 174 Mainland China 135 150 Hong Kong and Macau 41 42 Greater China 342 366 Indonesia 241 241 Thailand 157 158 Malaysia 87 86 Vietnam 39 53 Singapore 30 29 Australia 5 6 Cambodia 2 3 Southeast Asia and Australia 561 576 Gulf Cooperation Council