Circutech (08051) released its six-month performance ending on June 30, 2024, with revenue of 0.149 billion Hong Kong dollars...
According to the app of China Securities Journal, Circutech (08051) released its six-month performance ending on June 30, 2024, with revenue of 0.149 billion Hong Kong dollars, an increase of 422.4% year-on-year; the company's owners enjoyed a surplus of 2.231 million Hong Kong dollars, a decrease of 28.9% year-on-year; the basic earnings per share were 9.52 Hong Kong cents.
The increase in revenue during the period was mainly due to the increase in categorized sales and distribution income after adjusting the business model. The decrease in net profit during the period was due to the decrease in fair value gain of derivative financial instruments and operating expenses.