Fingertango (06860.HK) announced on August 28 that it achieved revenue of 0.328 billion yuan for the six months ended June 30, 2024, an increase of 5.0% year-on-year; gross profit was 0.206 billion yuan, an increase of 18.0% year-on-year. During the reporting period, the company's attributable net profit amounted to about 9.2 million yuan, compared to a loss of about 21 million yuan in the same period last year. This change was mainly due to the combined impact of the following factors: (i) growth in gross profit; (ii) reduction in administrative expenses due to the reversal of expected credit losses on accounts receivable and other receivables; and (iii) reduction in research and development expenses.