NWDS CHINA's interim profit increased by 88%, no dividend declared

NWDS CHINA announced its interim results for the period ending December last year, with profit increasing by 87.57% year-on-year to HKD 3.108 million, and earnings per share of HKD 0.002, but no interim dividend will be distributed. During the period, revenue was HKD 613 million, a year-on-year decrease of 11.83%, mainly due to a reduction in sales commissions from counters and self-operated sales. Same-store sales fell by 15.9%. The group pointed out that the retail industry is undergoing transformation, with significant changes in consumer trends, an increase in service consumption, and live e-commerce reshaping sales channels. The group will actively respond to market changes and seek new growth points