Summary by Futu AI
Xiamen Yanzi House Bird's Nest Industry Co., Ltd. ('Yanzi House') reported unaudited interim performance for the six months ended June 30, 2024, with revenue increasing by 11.36% to RMB 1,059.30 million from RMB 951.20 million in the same period last year. Gross profit increased by 5.41% to RMB 513.80 million from RMB 487.43 million, while net profit decreased by 44.07% to RMB 60.05 million from RMB 107.37 million. The company did not declare any interim dividends during the period. In addition, the company implemented an H-share incentive plan during the reporting period and acquired 958,800 H-shares through a share plan trust on the Stock Exchange of Hong Kong, with a total consideration of approximately HKD 8,411,000. As of June 30, 2024, the company did not engage in any share purchase, sale, or redemption activities.