Fingertango (06860) released its interim performance for the six months ended June 30, 2024, and the group achieved revenue...
The Fingertango (06860) announced its interim performance for the six months ended June 30, 2024. The group's revenue reached RMB 0.328 billion (same unit), an increase of 5% year-on-year. The profit attributable to owners of the company was RMB 9.17 million, compared to a loss of RMB 21.047 million in the same period last year. Earnings per share were RMB 0.0048.
The announcement stated that the profit was mainly due to the comprehensive impact of the following factors: growth in gross profit; expected credit losses on bills receivable and other receivables (expected credit losses) resulted in a reduction in administrative expenses; and a decrease in research and development expenses.