On July 14, Gelunhui reported 2024 semiannual earnings, with expected net income attributable to the parent company's owner of RMB 0.115 billion to 0.125 billion, a year-on-year increase of 215.75% to 243.20%. Deducted non-recurring gains and losses, net income attributable to owners of the parent company is expected to be RMB 50 million to 60 million, a year-on-year increase of 52.51% to 83.01%.
It is reported that the growth in revenue is mainly due to the company's optimization of resource allocation and the results of marketing reforms. The rapid growth in revenue of the product sales and operation service business sectors in the first half of this year is due to the growth of net income attributable to the parent company's owner, mainly due to the acquisition of joint ventures and the increase in investment income. The growth in net income attributable to owners of the parent company, after deducting non-recurring gains and losses, is mainly due to the increase in the proportion of high-gross-margin product sales and operating service business sector revenue and the overall increase in the company's gross margin.
