Summary by Moomoo AI
Fast Rabbit Express Global Co., Ltd. announced its interim financial report on June 30, 2024. The report shows that the company's income increased by 20.6% compared to the same period last year, reaching $4,861,696 thousand. Gross profit increased significantly by 176.8%, reaching $535,732 thousand. Operating profit changed from a loss of $1,636,218 thousand in the same period last year to a profit of $115,025 thousand. Net profit improved from a loss of $666,769 thousand last year to a profit of $31,026 thousand. Adjusted EBITDA increased significantly by 795.6%, reaching $350,782 thousand. In addition, the company did not declare or distribute any dividends during the reporting period. As of June 30, 2024, the company's non-current assets totaled $3,277,133 thousand, current assets totaled $3,376,865 thousand, and total assets amounted to $6,653,998 thousand. As of June 30, 2024, the company's total borrowings amounted to $1,396,013 thousand. The total equity as of June 30, 2024, was $2,443,005 thousand, including equity attributable to owners of the company amounting to $2,773,142 thousand and non-controlling interests of -$330,137 thousand.
