UNQ Holdings Limited (HK:2177) has released an update.
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UNQ Holdings Limited reported a significant 981.1% increase in net profit for the first half of 2024, with a net profit of RMB23.7 million despite a 32.0% decline in revenue to RMB613.3 million, due to strategic brand and channel optimizations and external factors. The company also saw an improvement in gross profit margin, rising to 30.0% from 26.8% in the previous year, alongside an increase in basic earnings per share from RMB0.01 to RMB0.15.
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