BetterLife Holding Limited (HK:6909) has released an update.
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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.
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