Summary by Moomoo AI
GOGOX Holdings Limited ("GOGOX") announced on August 21, 2024, the financial performance for the six months ended June 30, 2024. Based on preliminary assessment, the company expects a net loss attributable to equity shareholders of approximately RMB 78 million to RMB 88 million, a significant decrease of approximately 86.3% to 87.9% compared to the same period in 2023 of RMB 642.9 million. The decrease in loss was mainly due to the reduction in impairment of goodwill, and the decrease in revenue costs, selling and marketing expenses, general and administrative expenses, and research and development expenses. The company emphasizes that these figures have not been audited or reviewed by the auditor or audit committee. The final interim results will be announced in August 2024. Shareholders and potential investors are advised to exercise caution and pay attention to the final performance announcement.