According to the Wisdom Finance APP, Richang International Holdings (01334) announced its interim performance for the six months ending on June 30, 2024, with revenue of 0.225 billion yuan, a year-on-year increase of 6.2%; net profit of 11.525 million yuan, a year-on-year decrease of 20.12%; earnings per share of 3.07 cents.

The announcement stated that the decrease in net profit was mainly due to the drop in gross margin in the first half of 2024.