Zhitong Financial APP News, Yang Yu Technology (08113) released its interim results for the six months ended June 30, 2023. The group made a profit of HK $648 million, down 36.2% from the same period last year. The profit attributable to the owners of the company was HK $10.117 million, down 22.7% from the same period last year.
Earnings in the first half of 2023 decreased compared with the same period last year, but gross profit margin returned to normal after high-cost inventory digestion was completed in 2022.