Summary by Futu AI
As of the six months ended September 30, 2024, most Kwai Chung recorded revenue of 44.6 million Hong Kong dollars, a year-on-year increase of 41.6%; net profit reached 4.7 million Hong Kong dollars, compared to a loss of 2 million Hong Kong dollars in the same period last year. The gross margin increased to 45.7%, mainly due to the growth of digital media services and other media services. Basic earnings per share were 1.56 Hong Kong cents.
Management pointed out that the performance improvement was mainly due to the increase in surplus from digital media services and the revenue increase from planning performance activities. In addition, the phased acquisition of a 31% stake in To Be Honest also brought in fair value gains. The company will continue...Show More