Business
IFBH: Revenue up 31.5% to US$94.5M; adjusted net profit up 13.9% to US$18.9M; gross margin down
IFBH: Revenue up 31.5% to US$94.5M; adjusted net profit up 13.9% to US$18.9M; gross margin down
About this update from Ifbh Ltd.
Revenue grew 31.5% year-over-year to US$94.5 million, led by coconut water sales in China, while adjusted net profit rose 13.9% to US$18.9 million, despite a drop in reported net profit due to listing expenses. Gross margin declined to 33.7% amid currency headwinds.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.