Baiwang Group (06657) released its interim performance for the six months ended June 30, 2024, during which the Group achieved...
According to the announcement, the data-driven analytical services of the Group mainly include digital precision marketing services and risk management services. The revenue generated from the Group's data-driven analytical services decreased by 30.0% from 0.2 billion yuan for the six months ended June 30, 2023 to 0.143 billion yuan for the six months ended June 30, 2024. This is due to the Group's optimization of the marketing of its financial product portfolio and the strategic reduction in the marketing efforts of financial products with low gross margin, resulting in a decrease in revenue contribution from the Group's digital precision marketing services.
Baiwang Group (06657) released its interim performance for the six months ended June 30, 2024, during which the Group achieved revenue of 0.282 billion yuan (RMB, the same below), a decrease of 16.11% year-on-year; shareholders' net loss was 0.446 billion yuan, a 76.65% increase year-on-year; and basic loss per share was 3.18 yuan.