Richview China Holdings Limited ("the Company") announced its unaudited interim financial performance report on June 30, 2024. The report shows that the company's main business is to cultivate and sell potted vegetable agricultural products in China, and supply them in the market under the 'Richview Agricultural' brand. In the first half of 2024, the company recorded total revenue of approximately RMB 75 million, an increase of about 5.2% compared to the same period last year. Gross profit decreased from approximately RMB 29.2 million in the same period last year to approximately RMB 28.5 million. Net profit for the period decreased from approximately RMB 25.3 million in the first half of 2023 to approximately RMB 14.9 million, mainly due to increased expenses related to listing and increased administrative and other...Show More

Richview China Holdings Limited ("the Company") announced its unaudited interim financial performance report on June 30, 2024. The report shows that the company's main business is to cultivate and sell potted vegetable agricultural products in China, and supply them in the market under the 'Richview Agricultural' brand. In the first half of 2024, the company recorded total revenue of approximately RMB 75 million, an increase of about 5.2% compared to the same period last year. Gross profit decreased from approximately RMB 29.2 million in the same period last year to approximately RMB 28.5 million. Net profit for the period decreased from approximately RMB 25.3 million in the first half of 2023 to approximately RMB 14.9 million, mainly due to increased expenses related to listing and increased administrative and other expenses. The company was listed on the main board of the Hong Kong Stock Exchange on March 28, 2024, and completed capitalization and public offering on the listing day, raising net funds of approximately RMB 43.8 million. As of June 30, 2024, the company's total cash and cash equivalents amount to approximately RMB 19.41 million. The board of directors does not recommend the payment of interim dividends for the first half of 2024.