Summary by Moomoo AI
BOE Varitronix Limited ("the Company") announced its interim financial report for the six months ended June 30, 2024. During the period, the Group achieved revenue of HK$6,157,000,000, an 18% increase compared to the same period in 2023 of HK$5,210,000,000. Earnings before interest, taxes, depreciation, and amortization (EBITDA) amounted to HK$315,000,000, a 3% decrease from HK$324,000,000 in the same period of 2023. The attributable profit to shareholders was HK$172,100,000, a 15% decrease from the same period in 2023. The Group possesses strong cash resources and is in a net cash position. As of June 30, 2024, the Group's total cash resources amounted to HK$3,944,000,000, compared to HK$3,572,000,000 at the end of 2023. The Group is committed to maintaining an appropriate level of bank borrowings to sustain a healthy level of debt...Show More