Gross profit surged by 63% y-o-y to US$9.6 million as gross profit margin (GPM) stood at 30%, up from the 21% in the 1HFY2023.
Creative Technology has reported a smaller loss of US$4.07 million ($5.47 million) for the 1HFY2024 ended Dec 31, 2023, 62% better than the US$10.6 million loss in the same period the year before.
Net sales rose by 13% y-o-y to US$31.8 million, due to higher revenue from the launch of new products.
