Duker Culture (301025.SZ) released the 2024 semi-annual report, with an operating income of 0.199 billion yuan, a year-on-year decrease of 10.97%; net income attributable to shareholders of the listed company was 11.5357 million yuan, a year-on-year decrease of 32.30%; deducting non-recurring gains and losses, net income attributable to shareholders of the listed company was 7.5182 million yuan, a year-on-year decrease of 26.30%; basic earnings per share of 0.0288 yuan.
According to the statistics of Openbook Information, the book retail market decreased by 6.20% year-on-year in the first half of 2024. Compared with the first quarter, the overall book retail market narrowed its decline. Under this background, the overall sales of paper books for the company decreased by 7.85%, and operating income decreased by 10.04%. The decline in this business is mainly due to the decline in traditional online and offline channel traffic. Openbook Information statistics show that vertical e-commerce platforms such as Dangdang and jd.com, which are the company's main customers, have seen a year-on-year decrease of 6.43% in the total sales, while the total sales of platform e-commerce and physical stores have decreased by 18.06% and 4.05% year-on-year, respectively. The short video e-commerce channels that the company has accelerated investment in achieved a year-on-year growth of 18.34% in sales.