Guangzhou Ruoyuchen Technology (003010.SZ) has announced its performance forecast for the first half of 2024, with a net profit attributable to shareholders of the listed company of CNY 30.2707-39.352 million, a year-on-year increase of 34.12%-74.36%; and a net profit after deducting non-recurring gains and losses of CNY 29.443-38.5242 million, a year-on-year increase of 33.02%-74.05%; basic earnings per share are expected to be CNY 0.29-0.38.
In the first half of 2024, the company strengthened fine-grained operation, continued to enhance internal management, reduced operating costs from multiple dimensions, and strengthened control over expenses and budgets to improve overall operating efficiency. The company's own brand revenue increased significantly in the first half of 2024, and the rapid development of brand management business brought positive impacts on the operating performance of the company.