Summary by Moomoo AI
Beisen Holding Limited (Stock Code: 9669) announced the unaudited interim performance for the six months ended on September 30, 2024. During the period, the group's revenue reached RMB 436,581 thousand, an increase of 9.0% compared to the same period last year; gross profit reached RMB 281,753 thousand, an increase of 18.9%. The loss during the period significantly decreased to RMB 99,040 thousand, a 96.8% decrease from RMB 3,058,067 thousand in the same period last year. The net cash used in operating activities was RMB 97,041 thousand, a decrease of 44.2% compared to the same period last year. The company conducted share repurchases during the reporting period, repurchasing a total of 20,075,200 shares at a total consideration of approximately HKD 89,591,860. As of September 30, 2024, the company holds 20,075,200 shares in treasury stock. The board of directors does not recommend the distribution of interim dividends.
