H&H Group delivers first half business growth in 2022 Interim Results led by strong revenue across 3 product segments
Group revenue grew 9.8% on a reported basis to RMB5,955.4 million in the first half of 2022 Adjusted EBITDA declined 1.0% with a stable 17.7% adjusted EBITDA margin Adjusted net profit declined 26.9% due to higher finance costs from incremental debt stemming from the Group’s Zesty Paws acquisition and net profit on a reported basis declined 5.2% The Group successfully drew down a 3-year term loan facility, refinancing all existing loan facilities to improve its… Source: RealWire
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