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Starjoy Reports Profit Increase Amidst Revenue Dip

Starjoy Reports Profit Increase Amidst Revenue Dip

Aoyuan Healthy Life Group Co. Ltd. (HK:3662) has released an update.

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Starjoy Wellness and Travel Company Limited reported a dip in revenue by 11% year-on-year to RMB700 million for the first half of 2024, while net profit rose by 9.3% to RMB75.1 million, with a significant increase in gross profit margin and basic earnings per share. Despite lower revenue, the company saw improved profitability, highlighting a robust net profit margin increase of 2 percentage points and a 29.2% rise in earnings per share compared to the same period in the previous year.

For further insights into HK:3662 stock, check out TipRanks’ Stock Analysis page.

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