Summary by Moomoo AI
Vobile Group (stock code: 3738) announced the interim performance for the six months ending June 30, 2024, showing that the company's revenue increased from approximately 1,003 million Hong Kong dollars in the same period of 2023 to approximately 1,181 million Hong Kong dollars, a growth of 17.7%. Gross profit increased from 392 million Hong Kong dollars to 504 million Hong Kong dollars, a growth of 28.3%, with the gross margin rising from 39.2% to 42.7%. Net profit for the period increased from 33 million Hong Kong dollars to 46 million Hong Kong dollars, a growth of 36.5%. Adjusted EBITDA increased from 181 million Hong Kong dollars to 196 million Hong Kong dollars, a growth of 8.3%. The company's business achieved revenue growth in China, the USA, and other regions, with revenue in the USA and other business regions increasing by 30.1%. Vobile Group focuses on copyright protection and trade realization, actively deploying in the AIGC business to seize the opportunities of digital economic development.