Summary by Futu AI
Huashi Group Holdings Limited announced its interim performance for the six months ended June 30, 2024. During the period, the Group's revenue reached 123.2 million yuan, an increase of 8.5% year-on-year; gross profit of 75.0 million yuan, an increase of 8.5% year-on-year; pre-tax profit of 44.1 million yuan, an increase of 8.6% year-on-year; and profit of 35.9 million yuan, an increase of 4.4% year-on-year. However, the adjusted net profit was 35.9 million yuan, a decrease of 1.9% compared to the same period last year. The main business of the company is branding, advertising, and marketing services, and provides related services in China. During the reporting period, despite the unfavorable market environment, the Group demonstrated strong resilience across its business lines through proactive development strategies. The board of directors of the company has proposed not to declare any interim dividends for the reporting period.