Gelonghui, Feb. 15 | China Red Envelope (08316.HK) announced that according to the Group's unaudited management accounts for the third quarter of fiscal year 2023/24, the Group recorded total unaudited revenue of approximately HK$22.8 million and net profit of approximately HK$1.3 million. Net profit increased by about 30.0% compared to net profit of approximately HK$1 million in the second quarter of the 2023/24 fiscal year.

For the Internet Services segment, revenue of approximately HK$10.8 million was recorded in the third quarter of the 2023/24 fiscal year. Segment profit for the third quarter of FY2023/24 was approximately HK$7.3 million, an increase of approximately 7.4% over approximately HK$6.8 million in the second quarter of FY2023/24.

For the Foundation and Other Construction Division, revenue of approximately HK$12 million was recorded in the third quarter of the 2023/24 fiscal year. Segment profit for the third quarter of FY2023/24 was approximately HK$2.8 million, an increase of approximately 3.7% over approximately HK$2.7 million in the second quarter of FY2023/24.