Lianovation(SH:600363)2024-08-08 09:41Financial Performance - Total revenue for the first half of 2024 was CNY 154,678.75 million, a decrease of 6.77% compared to the same period last year[3] - Net profit attributable to shareholders increased by 5.18% to CNY 22,598.80 million, compared to CNY 21,485.47 million in the previous year[3] - Net profit attributable to shareholders after deducting non-recurring gains and losses rose by 9.74% to CNY 20,500.59 million[3] - Basic earnings per share for the reporting period was CNY 0.50, up from CNY 0.47 in the previous year[3] Assets and Equity - Total assets at the end of the reporting period were CNY 788,278.23 million, an increase of 4.19% from the beginning of the period[3] - Shareholders' equity attributable to the parent company increased by 3.62% to CNY 415,585.66 million[3] Profitability and Margins - The overall gross profit margin improved despite a decline in revenue due to insufficient demand in consumer electronics[3] - The company continued to optimize the product structure in the backlight source and cable sectors, leading to improved asset quality and profitability[3] Strategic Initiatives - The company is committed to industrial transformation and technological innovation, which positively impacted investment income from joint ventures[3] Financial Data Integrity - There are no uncertainties affecting the accuracy of the financial data reported, but the figures are preliminary and subject to audit[4]