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[In-Depth Analysis of Earnings Reports] Hla Group Corp.'s headquarters has gained popularity. Did it really boost performance?
Behind the explosion of Hla Group Corp.'s headquarters is a decline in both revenue and net income. By late April 2025, more than 90% of A-share listed companies have released their 2024 annual reports. It wasn't until April 30 that the earnings report of the leading domestic Outfit industry company, Hla Group Corp., was finally released. In 2024, Hla Group Corp. reported revenue of 20.96 billion yuan, a year-on-year decline of 2.65%; net income of 2.159 billion yuan, a year-on-year decline of 26.88%. Previous earnings reports for the first three quarters of 2024 indicate that, as of the end of September 2024, Hla Group Corp.'s revenue and other performance indicators such as net income attributable to shareholders have already fallen into the negative.
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