Summary by Futu AI
haier smarthome announced its interim performance for the six months ended on June 30, 2024, with revenue reaching RMB 13,562.1 million, an increase of 3.0% year-on-year. The attributable net profit to shareholders of the company was RMB 1,042.0 million, a year-on-year increase of 16.3%. The gross margin was 30.1%, an increase of 0.3 percentage points from the same period last year. The sales and distribution expense ratio was 13.8%, a 0.5 percentage point improvement from the same period last year. The administrative expense ratio was 8.1%, a 0.4 percentage point improvement from the same period last year. The net cash inflow generated from operating activities was RMB 781.8 million, an increase of RMB 102.8 million from the same period last year. Capital expenditures amounted to RMB 3,892.0 million, mainly used for...Show More