Summary by Futu AI
China Lesso Group Holdings Limited ("China Lesso") announced its unaudited interim performance for the six months ended June 30, 2024. During the period, the Group's revenue was RMB 13.564 billion, a decrease of 11.3% from RMB 15.297 billion in the same period last year. The gross margin was RMB 3.728 billion, with a stable gross margin of 27.5%. Earnings before interest, taxes, depreciation, and amortization (EBITDA) were RMB 2.644 billion, down 15.1%. Profit before tax was RMB 1.283 billion, down 23.6%, while net profit for the period was RMB 1.017 billion, down 29.2%. Basic and diluted earnings per share were RMB 0.34. Total comprehensive income for the period was RMB 0.34 billion. As of the end of the reporting period, the Group's net assets were RMB 23.889 billion. The board of directors decided not to distribute interim dividends for the six months ended June 30, 2024.