BetterLife Holding Limited (HK:6909) has released an update.
BetterLife Holding Limited reported a 20.2% revenue decline in the first half of 2024 compared to the same period in 2023, although vehicle sales increased by 8.4%. Net profit also fell by 8.1%, but the company’s net profit margin slightly improved. Despite these challenges, BetterLife remains in a strong net cash position, with an increase from RMB535.7 million to RMB893.7 million.
For further insights into HK:6909 stock, check out TipRanks’ Stock Analysis page.
