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Maoye International to Liquidate Unit After License Expiration
maoye int'l (00848.HK) subsidiary Zibo Maoye Commercial Building resolves to undergo voluntary liquidation.
Maoye Int'l (00848.HK) announced that its subsidiary, holding 80% of the Zibo Maoye Commercial Building, has resolved to undergo voluntary liquidation. The board of directors expects that the voluntary liquidation will not have any significant adverse impact on the financial performance and condition of the group.
MAOYE INT'L: 2024 INTERIM REPORT
Maoye International's H1 Profit Rises on Higher Revenue
GTJA: In July, the month-on-month growth rate of social retail goods improved. We continue to recommend vertical O2O and going overseas.
In July 2024, the social zero growth rate increased month-on-month, while the social zero above quota decreased year-on-year. Continue to focus on recommending vertical O2O + going global.
Performance: Maoye Int'l (00848.HK) reported a net profit of CNY 101 million in the first half of the year, an increase of 21%. No dividends will be paid.
Maoye Int'l (00848.HK) announced its performance for the six months ended in June, with a total operating income of 3.018 billion RMB, an increase of 7.1% year-on-year. Net profit recorded 0.101 billion yuan, a growth of 20.9%, and earnings per share were 2 cents. No interim dividend will be paid.
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