Cheerwin Group Limited (HK:6601) has released an update.
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Cheerwin Group Limited reports a robust first half in 2024, with revenue climbing by 10.3% to RMB 1,249.1 million and net profit soaring 29.6% to RMB 175.9 million. The company attributes its success to effective market strategies, which boosted both online and offline sales, and to improved operational efficiency, which enhanced the gross profit margin by 5.1 percentage points. In line with its stable financial performance, the Group declared a consistent interim dividend payout ratio of 40%.
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