China Red packet (08316) released its results for the three months ended June 30, 2023, with an income of HK $29.268 million, an increase of 86.1% over the same period last year, and a net profit of HK $92000, compared with a loss of HK $619000 in the same period last year.
The increase in earnings during the period was mainly due to income from supply chain management services undertaken by the Group for the three months ended 30 June 2023.