U-PRESID CHINA Reports 1.4% Revenue Growth in First Half of 2024 to 17.32 Billion Yuan
Deep News
Aug 05
U-PRESID CHINA announced on August 5th that for the six months ended June 30, 2024 (the first half of the fiscal year), the company achieved revenue of 17.321 billion yuan, a year-on-year increase of 1.4%.
Gross profit rose 3.4% to 6.066 billion yuan, while operating profit increased by 9.5% to 1.805 billion yuan. Profit before income tax grew 9.0% to 1.939 billion yuan, and net profit attributable to shareholders for the period reached 1.402 billion yuan, also up 9.0% year-on-year.
The company's gross profit margin improved by 0.7 percentage points to 35.0%, while its operating profit margin rose 0.8 percentage points to 10.4%.
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