According to the Zhitong Finance App, Kaifushan Group Holdings (08512) announced that the Group expects to obtain about HK$58 million to HK$60 million in profits due to company owners in the six months ending June 30, 2023, compared to HK$37.5 million in the six months ending June 30, 2022.
According to the announcement, the increase in profit expectations due to company owners is mainly due to the increase in gross margin due to the reduction in the group's raw material costs.