Summary by Futu AI
As of the six months ending September 30, 2024, flydoo tech's travel-related products and services segment revenue was approximately 171.1 million HKD, remaining relatively stable; segment profit decreased by 4.5 million HKD to about 5.3 million HKD, mainly due to high inflation and rising oil prices leading to increased costs. The retail business and other segments reported revenue of approximately 10.9 million HKD, with a loss of about 1.6 million HKD, primarily due to increased employee costs. Overall losses decreased by 53.1% compared to the same period last year to about 0.6 million HKD.
Management pointed out that the stable performance of the travel business benefited from the recovery of international travel and the depreciation of the yen, making Japan a more attractive destination. The company continues...Show More