Goldpac Group Ltd. (HK:3315) has released an update.
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Goldpac Group Ltd. reports a significant downturn in its interim financial results for the six months ending June 30, 2024, with revenue and profit decreasing by 27.3% and 64.4% year-on-year, respectively. The decrease is attributed to prolonged purchasing cycles from international customers and heightened competition in China. Despite the challenges, the Group continued to invest in R&D, pushing forward its digital and platform-based strategies.
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