Summary by Futu AI
Dongyue Group Limited announced its mid-year performance for 2024, showing a slight increase in revenue to approximately RMB 726.1 million, a significant increase in gross margin to RMB 144 million, and a gross margin of 19.83%. Pre-tax surplus and surplus within the period reached RMB 67.3 million and RMB 39.5 million respectively, indicating a significant improvement in the company's performance. Earnings per share also increased from RMB 0.13 to RMB 0.17. The total equity of the company slightly decreased to RMB 1,669.3 million, and the net asset value per share increased from RMB 7.71 to RMB 9.08. During the reporting period, Dongyue Group obtained higher quotas under the refrigerant policy changes and made progress in the implementation of scientific research projects. At the same time, it accelerated the disposal of real estate business and further developed the "industrial chain ecology". The group maintains a stable financial condition and did not declare interim dividends.