Summary by Futu AI
Zhenjiu Lidu Group Limited ("the Company") announced the interim performance for the six months ended June 30, 2024. During the period, the company's revenue reached RMB 4,133,191 thousand, an increase of 17.5% compared to the same period last year; gross profit was RMB 2,428,682 thousand, an increase of 19.2%. However, the profit attributable to equity shareholders of the Company for the period was RMB 751,718 thousand, a decrease of 52.6% compared to the same period last year. Basic earnings per share were RMB 0.230. The company's main business is brewing, manufacturing, and selling baijiu products, with all revenue generated in the China market. Zhenjiu Lidu continues to strengthen brand building and market promotion, and uses the net proceeds from global sales to invest in brand and production base construction and development. The company was listed on the Main Board of The Stock Exchange of Hong Kong Limited on April 27, 2023, and did not declare an interim dividend for the six months ended June 30, 2024.