Popular on EntSun
- Psiryn Achieves Historic Top 10 Position On Billboard R&b Airplay Chart - 153
- Patton Releases new Data Diode Software to Control Data Transport over Secure One-Way Data Diodes
- "Boundaries" – A New Film That Breaks Stereotypes and Celebrates Women in Sports
- Join the Turkey Pinky Pants Thanksgiving Treasure Hunt
- Multiple Acquisitions in Play to Deliver Powerful New Capabilities Incorporating Artificial Intelligence: Prestige Wealth Inc. Stock Symbol: PWM
- The Common Thread That Unites Us All
- BK Flooring Services Launches New Website
- Attorney Lindsay Graves Joins Bisnar Chase's Personal Injury Litigation Team
- Subir Chowdhury Named ASME Honorary Member
- Austin Lane Technologies Marks 25 Years of Innovation with Industry-Leading ALMobile Solution
Similar on EntSun
- Material Capital Partners Closes Financing for 170-Unit Build-For-Rent Community in Brunswick, Georgia
- The Computer Works Secures Growth Capital to Expand Fiber Connectivity
- Now Shipping Epson ColorWorks CW-C8000 Color Label Printers Across the USA and Canada
- Purfresh Clean launches its new "SPACE" product - An innovative technology restaurants are using to get rid of their rat and mice problems
- L.A. County Board of Supervisors Recognizes Amapola Market for Outstanding Community Philanthropy
- Comp U Floor ERP vs. FloorZap: Discover the Best Flooring Business Software
- Inspiring the Full Arch Industry: Dr. James Fetsch Speaks At The Full Arch Growth Conference 2024
- LIB Empowers Uzbekistan's Automotive Industry: A New Era of Quality Assurance
- Dale Sorensen Real Estate Names Donna Browning Vice President of Sales, Announcing Her Return to the Company
- Pittsburgh Professional Women invites all Women and Allies to MONEY CLUB
Expansion to 60 Direct-Operate Stores for Profitable Coffee and Bakery Brand Operating in USA & China: Chanson: Stock Symbol: CHSN)
EntSun News/11043557
$CHSN: First Half of 24 Total Revenue of $7.5 Million and Operating at a Profit.
URUMQI, China - EntSun -- For more information on $CHSN visit: http://ir.chanson-international.net/
Well Established Provider of Popular Bakery, Seasonal and Beverage Products.
Positioned in the Global Bakery and Beverages Industries, Expected to Reach $692.9 Billion and $3.85 Trillion, Respectively, by 2032.
Sales Through Multiple Locations in China and The United States, Plus On-Line Digital Platforms.
Focused on Making Healthy, Nutritious and Ready-to-Eat Food Through Advanced Facilities Based on In-Depth Industry Research.
Store Expansion to a Total of 60 Direct-Operate Stores Across China and the United States by the End of 2024.
More Cash Than Total Debt, Reflecting Financial Stability and Reduced Risk for Investors.
Chanson International Holding (Stock Symbol: CHSN) is a provider of bakery, seasonal, and beverage products through its chain stores in China and the United States. CHSN currently manages numerous stores in China, and in New York City while selling on digital platforms and third-party online food ordering platforms. CHSN offers not only packaged bakery products but also made-in-store pastries and eat-in services, serving freshly prepared bakery products and extensive beverage products. CHSN aims to make healthy, nutritious, and ready-to-eat food through advanced facilities based on in-depth industry research, while creating a comfortable and distinguishable store environment for customers. The CHSN dedicated and highly-experienced product development teams constantly create new products that reflect market trends including vegan options to meet current customer demand.
More on EntSun News
CHSN PRC stores manufacture the majority of bakery products in their central factory located in Urumqi, Xinjiang, China, prepare beverage products within the stores, and contract third-party manufacturers to produce seasonal products. The CHSN U.S. Stores bake bakery products, prepare breakfast, lunch and all-day brunch, bar food, and other light meals for eat in, and make beverage products all within their kitchen in the store. To ensure the quality and safety of their products, the PRC Stores and the U.S. Stores procure raw materials, including flour, eggs, and milk, from renowned suppliers with a record of consistently supplying high-quality raw materials over decades in the food industry. In addition, the CHSN PRC Stores and the U.S. Stores have implemented a rigorous quality control system covering their entire operation process and mandated internal training to improve their employees' awareness and knowledge of food safety.
Franchise Expansion of Coffee Brand Soul Song
On November 25th CHSN announced a collaboration with a leading local enterprise to expand its coffee brand, Soul Song, through a franchise operation model in Yili, Xinjiang, China. This milestone marks significant progress in the development of the CHSN Soul Song brand, further deepening its market presence and extending its brand influence in the Xin Jiang region.
In July 2024, CHSN celebrated the grand opening of a Soul Song café in partnership with Xinjiang Hengtai Investment Co., Ltd. at the scenic Nalati National Tourist Resort in Yili, Xinjiang. Soul Song's innovative "blend bean concept" highlights the art of blending, offering diverse flavors to suit every customer's unique taste. The CHSN café quickly became a must-visit destination within the resort, achieving daily sales of RMB 30,000, a record for single-day coffee-related sales at the location. This marks a CHSN debut in adopting a franchise model, partnering with distinguished local enterprises for mutual growth and success. Building on its growing influence in the Yili region, CHSN plans to open five additional Soul Song cafés by 2025.
More on EntSun News
CHSN Makes Significant Strides in Store Expansion
On November 21st CHSN announced significant progress in its store expansion efforts, reaching a total of 60 direct-operate stores across China and the United States by the end of December 2024. This milestone reflects the CHSN commitment to accelerating business growth and enhancing its market presence in both China and the United States. In addition, seven more CHSN stores are currently in the process of securing business licenses, highlighting the strong momentum in CHSN expansion.
CHSN provides exceptional service and creating a cozy café ambiance, fostering relaxation and meaningful social interactions. Surpassing its previous goal of opening 3 to 5 directly operated stores annually, CHSN is now leveraging its exceptional in-store service to accelerate growth and scale operations at an unprecedented pace.
First Half of Fiscal Year 2024 Financial Results
On September 27th CHSN announced its unaudited financial results for the six months ended June 30, 2024.
CHSN First Half of Fiscal Year 2024 Financial Summary
Total revenue was $7.5 million, compared to $8.8 million for the same period of last year.
Gross profit was $3.1 million, compared to $4.3 million for the same period of last year.
Gross margin was 41.5%, compared to 49.2% for the same period of last year.
Net income was $0.02 million, compared to $0.3 million for the same period of last year.
Basic and diluted earnings per share were $0.002, compared to $0.027 for the same period of last year.
Well Established Provider of Popular Bakery, Seasonal and Beverage Products.
Positioned in the Global Bakery and Beverages Industries, Expected to Reach $692.9 Billion and $3.85 Trillion, Respectively, by 2032.
Sales Through Multiple Locations in China and The United States, Plus On-Line Digital Platforms.
Focused on Making Healthy, Nutritious and Ready-to-Eat Food Through Advanced Facilities Based on In-Depth Industry Research.
Store Expansion to a Total of 60 Direct-Operate Stores Across China and the United States by the End of 2024.
More Cash Than Total Debt, Reflecting Financial Stability and Reduced Risk for Investors.
Chanson International Holding (Stock Symbol: CHSN) is a provider of bakery, seasonal, and beverage products through its chain stores in China and the United States. CHSN currently manages numerous stores in China, and in New York City while selling on digital platforms and third-party online food ordering platforms. CHSN offers not only packaged bakery products but also made-in-store pastries and eat-in services, serving freshly prepared bakery products and extensive beverage products. CHSN aims to make healthy, nutritious, and ready-to-eat food through advanced facilities based on in-depth industry research, while creating a comfortable and distinguishable store environment for customers. The CHSN dedicated and highly-experienced product development teams constantly create new products that reflect market trends including vegan options to meet current customer demand.
More on EntSun News
- New Release: Kannazuki, Vol. 1: The Beast Of Akune Shakes Up the Fantasy Genre!
- BIPOC and Harlem Filmmakers invited to submit at SR Socially Relevant™ Film Festival
- Now Shipping Epson ColorWorks CW-C8000 Color Label Printers Across the USA and Canada
- Purfresh Clean launches its new "SPACE" product - An innovative technology restaurants are using to get rid of their rat and mice problems
- The Ergo Company presents Old Righteous Blues A Compelling South African Tale
CHSN PRC stores manufacture the majority of bakery products in their central factory located in Urumqi, Xinjiang, China, prepare beverage products within the stores, and contract third-party manufacturers to produce seasonal products. The CHSN U.S. Stores bake bakery products, prepare breakfast, lunch and all-day brunch, bar food, and other light meals for eat in, and make beverage products all within their kitchen in the store. To ensure the quality and safety of their products, the PRC Stores and the U.S. Stores procure raw materials, including flour, eggs, and milk, from renowned suppliers with a record of consistently supplying high-quality raw materials over decades in the food industry. In addition, the CHSN PRC Stores and the U.S. Stores have implemented a rigorous quality control system covering their entire operation process and mandated internal training to improve their employees' awareness and knowledge of food safety.
Franchise Expansion of Coffee Brand Soul Song
On November 25th CHSN announced a collaboration with a leading local enterprise to expand its coffee brand, Soul Song, through a franchise operation model in Yili, Xinjiang, China. This milestone marks significant progress in the development of the CHSN Soul Song brand, further deepening its market presence and extending its brand influence in the Xin Jiang region.
In July 2024, CHSN celebrated the grand opening of a Soul Song café in partnership with Xinjiang Hengtai Investment Co., Ltd. at the scenic Nalati National Tourist Resort in Yili, Xinjiang. Soul Song's innovative "blend bean concept" highlights the art of blending, offering diverse flavors to suit every customer's unique taste. The CHSN café quickly became a must-visit destination within the resort, achieving daily sales of RMB 30,000, a record for single-day coffee-related sales at the location. This marks a CHSN debut in adopting a franchise model, partnering with distinguished local enterprises for mutual growth and success. Building on its growing influence in the Yili region, CHSN plans to open five additional Soul Song cafés by 2025.
More on EntSun News
- L.A. County Board of Supervisors Recognizes Amapola Market for Outstanding Community Philanthropy
- CR Srikanth Introduces VS Pop: A Fusion of Classical Roots and Modern Smoothness
- Master P Hosts the First Major Hip-Hop Black History Month Benefit Concert at NJPAC
- My Hero Academia, One Piece, Helluva Boss Stars Among Voice Acting Talent At Fan Expo New Orleans
- Colin Mochrie & Brad Sherwood Asking For Trouble Tour Comes To Weinberg Stage
CHSN Makes Significant Strides in Store Expansion
On November 21st CHSN announced significant progress in its store expansion efforts, reaching a total of 60 direct-operate stores across China and the United States by the end of December 2024. This milestone reflects the CHSN commitment to accelerating business growth and enhancing its market presence in both China and the United States. In addition, seven more CHSN stores are currently in the process of securing business licenses, highlighting the strong momentum in CHSN expansion.
CHSN provides exceptional service and creating a cozy café ambiance, fostering relaxation and meaningful social interactions. Surpassing its previous goal of opening 3 to 5 directly operated stores annually, CHSN is now leveraging its exceptional in-store service to accelerate growth and scale operations at an unprecedented pace.
First Half of Fiscal Year 2024 Financial Results
On September 27th CHSN announced its unaudited financial results for the six months ended June 30, 2024.
CHSN First Half of Fiscal Year 2024 Financial Summary
Total revenue was $7.5 million, compared to $8.8 million for the same period of last year.
Gross profit was $3.1 million, compared to $4.3 million for the same period of last year.
Gross margin was 41.5%, compared to 49.2% for the same period of last year.
Net income was $0.02 million, compared to $0.3 million for the same period of last year.
Basic and diluted earnings per share were $0.002, compared to $0.027 for the same period of last year.
Source: Corporate Ads
0 Comments
Latest on EntSun News
- The Score Album for "The Lost Weekend: A Love Story" Released Today
- Morrison, Golden, Russell, Platt Headline Fan Expo Portland Comics Creators Lineup
- Youth Group Makes History as First Visitors to National Electronics Museum
- Pololikashvili runs for re-election as UN Tourism Secretary General for 2026-2029 term
- Shape the Future of OpenSSL: Election Period Open Now!
- LIB Empowers Uzbekistan's Automotive Industry: A New Era of Quality Assurance
- TijaraIQ.com Launches as Iraq's Free Marketplace for Buying, Selling, and Creating Opportunities
- Contemporary Novel Named a Finalist in 2 Best Book Contests
- Big News!! Best Sac Homes Group Partners with LPT Realty
- Sierra Hotel Hoodies Wins Sustainability Award for Leading Environmental Responsibility in Fashion
- Style by Kara Allan Unveils Newly Designed Website and Exclusive Style Packages
- Juventix Regenerative Medical PRP Highlighted in University-Published Research Study
- Dale Sorensen Real Estate Names Donna Browning Vice President of Sales, Announcing Her Return to the Company
- Dr. Barrie Matthews of Big Sky Smile Center Speaks at the Full Arch Growth Conference, Inspiring Dentists Nationwide
- Dr. Sathish Palayam Speaks at the Full Arch Growth Conference, Sharing Insights to Revolutionize Patient Care!
- Bingo with Bells On! Heart Bingo's Festive Calls Are a Christmas Cracker
- Donors and Recipients of Nashville Chopin's Metro School Piano Donation Program Announced
- International Dreams Come True for Southwest Florida Artists Roland Ruocco and Wendy White!
- Loyal American Airlines Passenger and Son of 33-Year Employee Files Legal Action Against Airline for Racial Bias, Unlawful Ban, and Injustice
- New Orleans Drink Lab's Festive Cocktail Classes Bring Joy to December