Summary by Moomoo AI
TREK INTERNATIONAL HOLDINGS LIMITED ANNOUNCED ITS 2024 INTERIM RESULTS. GROUP REVENUE GREW 10.4% TO RMB7,203.2 MILLION, AND GROSS PROFIT INCREASED TO 46.0%, AND NET PROFIT INCREASED BY 13.0% YEAR-ON-YEAR TO RMB752.1 MILLION. The company declared an interim dividend of HK15.6 cents per share and received an MSCI ESG “A” rating in July. IN ADDITION, IN MAY, THE COMPANY ANNOUNCED A STRATEGIC DELIVERANCE OF THE K·SWISS AND PALADIN BRANDS TO FOCUS ON DEVELOPING HIGH-PROFIT BRANDS SUCH AS STARTER, SOCONI AND MYLE. For the six months ended 30 June 2024, the net cash flow from operating activities of Trebo International Holdings Limited and its subsidiaries increased by 211.6% to RMB826.4 million.
