Q Tech Group | 1478.HK China Puti 1H24 in-line with profit alert, thanks to GM improvement and stable OPEX ratio QT's 1H24 net profit arrived at near the mid-point of the profit alert (issued in mid-Jul), revenue and net profit each soared 40.1%/453.9% Yoy to RMB7,675mn/RMB115mn, and reached 51%/38% of market FY24E consensus. The robust 1H24 result was attributed to i) improved smartphone demand led to CCM shipment volume and QT's market share increase in global smartphone OEMs; ii) Though GM a slight miss ...