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Shanghai Jahwa's net profit fell 20.93% in the first half of the year, and Lin Xiaohai began a major change of personnel

Posted: Sun Dec 22, 2024 10:09 am
by Rina77RS
In the first half of 2024, Shanghai Jahwa achieved revenue of 3.321 billion yuan, a year-on-year decrease of 8.51%; net profit of 238 million yuan, a year-on-year decrease of 20.93%; non-net profit of 235 million yuan, a year-on-year decrease of 10.36%. Due to changes in regulations, calculated on the same basis, non-net profit increased by 9.06% year-on-year.

Shanghai Jahwa said that the company's performance was affected by multiple factors such as actively reducing social inventory and being in a period of deep adjustment, and was under obvious pressure in the short term.

According to Jiemian, three months after the new CEO Lin indonesia phone number sample Xiaohai took office, he began a major internal reshuffle.

Previously, Shanghai Jahwa was divided into three business units: beauty and skin care, maternal and child care, personal care and household cleaning, and overseas. Now, Shanghai Jahwa is further divided into four business units: beauty, personal care, innovation, and overseas.

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According to an internal document circulating online, Shanghai Jahwa announced new appointments for the three positions of General Manager of the Beauty Division, General Manager of the Innovation Division, and Director of the Yuze Brand on July 9. The announcement shows that based on the company's strategic development needs, Shanghai Jahwa decided to appoint Mr. Chen Min as General Manager of the Beauty Division, Ms. Qian Wei as General Manager of the Innovation Division, and Ms. Xu Xin as Brand Director of the Yuze Brand Department of the Beauty Division.

Lin Xiaohai said that the general managers of Shanghai Jahwa's business units have all been replaced by new ones, and the general managers of various brands have been rotated and two new ones have been introduced. In addition, two new e-commerce directors have taken office, and a new person has also come to the head of the sales department. It is expected that the staff will be basically in place by the end of August and enter a new stage of team building.