Summary by Futu AI
Fort Products Ltd, a wholly owned subsidiary of Jeffs' Brands, reported strong preliminary unaudited financial results for H1 2024. The company's Amazon Marketplace revenues surged 62% YoY to $4.47 million (£3.53 million), compared to $2.75 million in H1 2023. Profit from Amazon sales more than doubled, reaching $676,000, up 114% from $316,000 in the same period last year.The significant growth was attributed to strategic investments in new markets, products, and improvements in marketing and sales processes. Management remains focused on expanding Fort's infrastructure to support increasing global outreach and market presence.