Summary by Moomoo AI
Aerospace Hi-Tech Holding Group Limited (the 'Company') announced the unaudited condensed consolidated financial statements for the six months ended June 30, 2024. During the reporting period, the Group's operating income was approximately RMB 148.0 million, a decrease of approximately 12.8% compared to the same period last year. Gross profit increased from approximately RMB 12.8 million in the same period last year to approximately RMB 15.8 million, an increase of approximately 23.3%. The loss attributable to equity holders of the Company decreased from approximately RMB 87.3 million in the same period last year to approximately RMB 71.6 million. The Group has made substantial progress in the aerospace business and successfully launched six low-cost commercial optical satellites, laying a foundation for future development. In addition, the Group is...Show More