Summary by Moomoo AI
The Legendary Star Group Limited announced its interim performance for the six months ended June 30, 2024, showing a significant increase in revenue and profit. Revenue reached RMB 266.5 million, a year-on-year increase of 76.0%, primarily due to the strong performance of IP creation and business operations, with revenue from this business reaching RMB 156.6 million, an increase of 149.8% compared to the same period last year. Gross profit also increased from RMB 92.7 million in the same period last year to RMB 134.0 million, an increase of 44.6%. Net profit for the period was RMB 25.5 million, an increase of 55.5% compared to the same period last year. The company was registered in the Cayman Islands on January 3, 2020, and its main business includes new retail business and IP creation and business operations. This financial report is unaudited and was approved for release by the board of directors on August 29, 2024.
