Amid declining consumer demand and retail traffic in Q2 and ...
Amid declining consumer demand and retail traffic in Q2 and Q3, CEO cites financial discipline for achieving operating profit. Company cost-cutting measures included better warehouse management and reduced freight-in and duty costs, resulting in higher gross margins.
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.