Blue Moon Group Holdings Ltd
06993: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|xmS>CC | LOCK|T^Fx | LOCK|R><yfC |
Blue Moon Earnings: Reduced Selling Expenses Lead to Slower Sales Growth; Retain Fair Value
Blue Moon reported a 3% decline in revenue for the first half, while selling expenses fell 13%. Net loss narrowed to CNY 435 million from CNY 664 million in the first half of 2024. Despite the continued losses, management raised the interim dividend by 100% year on year to HKD 0.08 per share.
