Q Technology (Group) Co (HK:1478) has released an update.
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Q Technology (Group) Co has reported a remarkable 40.1% increase in half-yearly revenue to approximately RMB 7.68 billion and a 431.2% surge in profits to RMB 115.23 million, driven by a 30.8% increase in sales volumes of camera modules. The company’s strategic focus on mid-to-high-end camera modules and expansion into automotive and IoT markets led to an improved gross profit margin of 5.2%, up by 1.8 percentage points. Earnings per share also rose significantly to RMB 0.097, reflecting the company’s robust financial performance.
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