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优趣汇控股(02177.HK)：上半年实现净利润220万元 扭亏为盈

Youquhui Holdings (02177.HK): Achieved a net profit of 2.2 million yuan in the first half of the year and turned a loss into a profit

Gelonghui Finance ·  Aug 30, 2023 07:02

Gelonghui August 30?02177.HK announced that in the six months ended June 30, 2023, mainly due to the adjustment of product structure and the termination of some low-margin brand cooperation, the group recorded revenue of 901.9 million yuan during the period, a decrease of 19.8% compared with the same period last year. Due to the optimization of the group's brand structure and the improvement of the proportion of high gross profit brands, the effect of improving promotion efficiency and reducing cost control has been obvious. the gross profit margin in the first half of 2023 was 26.8%, compared with 24.4% in the same period last year, and sales and marketing expenditure decreased by 27.7% compared with the same period last year. The Group recorded a net profit of RMB 2.2 million for the period, compared with a net loss of RMB 31.6 million in the same period last year.

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