Wei Li Holdings (02372) has released its interim performance for the six months ended June 30, 2024, and the group has achieved income...
According to the Weili Holdings (02372) interim performance report for the six months ended June 30, 2024, the group achieved a profit of RMB 57.061 million (same unit), a decrease of 10.33% year-on-year; the company's shareholders incurred a loss of RMB 2.263 million, a decrease of 41.43% year-on-year; and the loss per share was 0.3 cents.
During the reporting period, several major customers of the group temporarily reduced their orders for transfer paper and composite paper from the group. Therefore, the group's income decreased and a net loss was incurred during the reporting period. The directors believe that the decrease in sales is temporary and expect orders to recover in the second half of 2024.
