Summary by Futu AI
Vobile Group (Stock Code: 3738) announced the interim business performance as of June 30, 2024, showing that the company's revenue increased from approximately 1.003 billion Hong Kong dollars in the same period of 2023 to approximately 1.181 billion Hong Kong dollars, a growth of 17.7%. The gross margin increased from 392 million Hong Kong dollars to 504 million Hong Kong dollars, a growth of 28.3%, and the gross margin increased from 39.2% to 42.7%. The net profit for the period increased from 33 million Hong Kong dollars to 46 million Hong Kong dollars, a growth of 36.5%. Adjusted EBITDA increased from 181 million Hong Kong dollars to 196 million Hong Kong dollars, a growth of 8.3%. The company's business achieved revenue growth in China, the USA, and other regions, with a 30.1% increase in revenue from the USA and other business areas. Vobile Group focuses on copyright protection and trade monetization, actively laying out AIGC business to seize the opportunities in digital economic development.