Summary by Moomoo AI
For the six months ended 30 September 2024, Bosco's revenue grew 17.8% to approximately RMB8804.1 million, with gross profit down 0.1 percentage point to 49.9%. The operating profit margin increased to 16.7% and the shareholders' profit increased by 23% to approximately RMB1129.7 million. The Board of Directors declared an interim dividend of HK$6.0 cents per ordinary share.Management said revenue growth mainly came from the strong performance of the branded duvet service business, which increased by 22.7% year-on-year. Despite intense market competition, the Bossdon brand remains at the forefront and increases market share through product innovation and channel optimization. Management emphasizes that the future will continue to focus on the core business, driving brand building and digital transformation.Looking ahead, Bosdeng expects China's economy to continue to recover, bringing new opportunities to the textile apparel market. The company will strengthen supply chain management and product innovation to address the uncertain market environment. Despite the challenges, Bossi remains optimistic about future business growth and will continue to drive its sustainability strategy.