Vobile Group (HK:3738) has released an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Vobile Group reports a robust financial performance for the first half of 2024, with a 17.7% increase in total revenue to HK$1.2 billion and significant growth in both gross profit, up by 28.3%, and profit for the period, which saw a 36.5% rise. Their success is attributed to the strong performance of subscription services and value-added services, particularly in the United States and other regions, which experienced a 30.1% increase in revenue.
For further insights into HK:3738 stock, check out TipRanks’ Stock Analysis page.