Summary by Futu AI
Lianyirong Technology Group announced its unaudited interim results for the six months ended June 30, 2024. Compared with the same period in 2023, the revenue and income from main business increased from RMB 391,031 thousand to RMB 413,111 thousand, a growth of 5.6%. The gross profit increased significantly from RMB 237,593 thousand to RMB 292,889 thousand, a growth of 23.3%, and the gross margin increased from 60.8% to 70.9%. However, the loss attributable to equity shareholders of the company increased by 41.4% during the period, reaching RMB 240,801 thousand. The loss adjusted for non-IFRS measures increased by 136.1%, to RMB 204,118 thousand. The company did not have any significant acquisitions or disposals during the reporting period. It declared a special dividend of HK$0.1 per share for the year ended December 31, 2023 at the shareholders' meeting on June 17, 2024, with a total special dividend of RMB 195,866 thousand paid on July 29, 2024. In addition, the company repurchased a total of 139,544,000 Class B shares during the reporting period, at a total cost of HK$274,215,405.