Summary by Moomoo AI
Duiba Group Limited (the "Company") announced its interim report for the six months ended June 30, 2024. The report shows that the company's revenue decreased from RMB 708,393 thousand in the same period of 2023 to RMB 458,259 thousand, a decrease of 35.3%. Among them, revenue from user operation SaaS platform business increased to RMB 116,965 thousand, while revenue from internet advertising business dropped significantly to RMB 318,169 thousand. The company incurred a loss of RMB 19,078 thousand during the period, compared to a profit of RMB 22,084 thousand in the same period last year. In addition, the company did not declare any interim dividends. During the reporting period, the company continued to face challenges of industry growth uncertainty and maintained a cautious outlook for the future. The company's shares were listed on the main board of The Stock Exchange of Hong Kong Limited (the "Exchange") on May 7, 2019, with the stock code 01753.
