Changes in Hong Kong stocks | Innovation 3D (03388) Exceed 5% of cost investment and exchange disrupted profit in the first half of the year, and the company's new products and channels continued to expand

The Zhitong Finance App learned that Creative 3D (03388) was over 5%, up 5.26% at press time, to HK$25.2, with a turnover of HK$28.98,800.

According to the news, Creative 3D achieved revenue of RMB 1,626 billion (same unit) in the first half of this year, an increase of 12.9% over the previous year; a net loss of 59.09 million yuan, and net profit of 107 million yuan for the same period last year. The phased pressure on profits is mainly due to declining gross margin (impact of overseas expansion and product iteration), increased investment in marketing and R&D, and exchange losses due to RMB appreciation.

Cathay Pacific Haitong said that the company's new products and channels continue to expand, improving the 3D creative ecosystem. New products such as K3, upgraded i8, children's printer, PIKA scanner, and A1C engraving machine will be launched in the second half of the year; AI and Creative Cloud will be added; by the end of the year, it is planned to lay out more than 2,000 offline display outlets overseas and open about 30 physical stores domestically to promote the collaborative growth of printers, consumables, ecological products and platforms.