Summary by Moomoo AI
Ruihe Data achieved operating revenue of approximately RMB 181,011,000 in the first half of 2024, an increase of approximately 49.4% compared to the same period last year. This growth is mainly due to the company's strategic adjustment of business direction, expansion into new areas, and commitment to innovation in CNI data factor index, inclusion of data assets, and localization of information creation. During the reporting period, gross profit was approximately RMB 14,577,000, a decrease of approximately 42.4% compared to the same period last year, mainly due to the adjustment of revenue structure, increased proportion of integrated services for commodity trade, sales of hardware and related services. The net loss was approximately RMB 38,635,000, a decrease of 38.8% compared to the same period last year. The main reasons for the decrease in losses include optimization of project management mode, improvement of accounts receivable management, adjustment of organizational structure, optimization of compensation and incentive system, and reduction of R&D expenses. The basic and diluted loss per share during the reporting period decreased by 55.8%, approximately RMB 5.48.
