Summary by Moomoo AI
Cowell Electronics has released its interim results for the six months ending June 30, 2024. The report shows that the company's revenue is about US$ 585.9 million, an increase of 59.8% year-on-year. However, the net profit attributable to equity shareholders of the company was approximately US$ 16.0 million, a decrease from US$ 18.0 million in the same period last year. Basic earnings per share were 1.9 cents, lower than 2.1 cents in the same period last year. The performance announcement pointed out that despite the challenges facing the global economy, the company has achieved steady growth in business by improving product and technology capabilities, optimizing supply chain management, enhancing mutual trust with partners to ensure stable supply and quality. During the reporting period, the company...Show More