In the mid-term results of STARPLUS LEGEND, the net profit is 10.27 million RMB, a decrease of 58.9%, and no dividend is declared

STARPLUS LEGEND (06683.HK) announced its interim results for the six months ending in June, with revenue of RMB 355 million, an increase of 33% year-on-year. Among them, the new consumption business generated revenue of RMB 211 million, up 91.5%; gross profit was RMB 156 million, an increase of 16.3%. The company recorded a net profit of RMB 10.27 million, a decline of 58.9%, mainly affected by a fair value loss of RMB 19.5 million on equity securities investments listed in Hong Kong; earnings per share were 1 cent. No dividend was declared.

In the second half of the year, the group plans to focus on further developing self-researched IP-related products themed around "Zhou Tongxue" and his family, as well as other celebrity IPs. Additionally, it is considering opening its first "black label" store themed around "Zhou Tongxue" in Guangzhou, offering a range of high-end products related to the group's celebrity IP