Hard Egg Innovation (00400) released its interim results for the six months ended June 30, 2023. The group achieved an income of RMB 3.864 billion (the same as the unit below), a decrease of 17.8% over the same period last year; profit attributable to equity shareholders of the company was 92.5 million yuan, down 29.8% from the same period last year; and basic profit per share was 0.068 yuan.
The decline in revenue was mainly due to a slowdown in demand for chips in the consumer electronics category, the announcement said.