Lehui Group (02540) announced its mid-term performance in 2024, with earnings of approximately 0.3 billion yuan, a 5.9% decrease year-on-year; the company...
According to the Zhongtong Finance app, Lehui Group (02540) announced its mid-term performance in 2024, with earnings of approximately 0.3 billion yuan, a 5.9% decrease year-on-year; the attributable profit to equity shareholders of the company decreased by 28.274 million yuan year-on-year, a decrease of 3.9%; earnings per share were 0.06 yuan.
The announcement stated that the decrease in revenue was mainly due to a drop in customer demand for mobile advertising solutions services amid an unclear overall business environment.
The net profit margin rose to 9.5%, mainly due to a decrease in general and administrative expenses and impairment losses on trade and other receivables, partially offsetting the decrease in gross profit.