Summary by Moomoo AI
On August 5th, 2024, Happy Meet Group (stock code: 2473) released its latest financial information, previewing its unaudited comprehensive management accounts for the six months ending June 30th, 2024. According to preliminary estimates, the Group expects mid-year revenue in 2024 to be no less than RMB 650.0 million, an increase from RMB 601.0 million in the same period in 2023. However, it is expected that the attributable profit of the company's shareholders for the same period will decrease from RMB 62.4 million in mid-2023 to no less than RMB 19.0 million. The main reason for the decline is that the fair value change of redeemable ordinary shares with profit increase were realized in mid-2023, and the shares have been converted to common shares, while the option expenses generated by...Show More