On August 23rd, China Network Technology reported that Monster Charging recently released its unaudited financial report for the second quarter of 2024. According to the financial report, Monster Charging's revenue for the second quarter of 2024 was RMB 462.9 million, a decrease of 55.3% compared to the same period in 2023. This decline is mainly due to some one-time adjustments made to mobile device charging revenue for the second quarter of 2024.
In addition, Monster Charging's net profit attributable to common shareholders in the second quarter of 2024 was RMB 9.2 million, compared to RMB 24.5 million in the same period last year, a year-on-year decrease of 62%.