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Fenbi Ltd. Reports Strong Mid-Year Profits

Fenbi Ltd. Reports Strong Mid-Year Profits

Fenbi Limited (HK:2469) has released an update.

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Fenbi Ltd. has reported their unaudited interim financial results for the first half of 2024, showcasing a significant increase in net profit to RMB 277,739,000 up from RMB 81,476,000 in the same period last year. Despite a slight drop in revenue, the company’s gross profit also rose, and they reported a robust adjusted net profit. The company’s workforce has expanded slightly, and they have maintained a steady number of average monthly active users.

For further insights into HK:2469 stock, check out TipRanks’ Stock Analysis page.

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