Summary by Futu AI
Brightstar Tech's mid-term performance announcement for the six months ending on June 30, 2024, shows a profit of approximately HKD 75.0 million, an increase of approximately 114.9% compared to the same period last year. The unaudited profit for the period is approximately HKD 9.1 million, while a loss of approximately HKD 6.0 million was recorded in the same period last year. The board of directors does not recommend the payment of dividends for the six months ending on June 30, 2024. The group's main business includes providing video display solution services for concerts and events, IT services & consulting, and hotel booking and conference planning services. In addition, the group completed the acquisition of 10% of the issued capital of Shenzhen Evolution Equation Technology Co., Ltd. in May 2024, which is mainly engaged in the operation and management of e-commerce platforms. The group will continue to explore investment opportunities in video display technology and other related IT fields to diversify its business scope.
