Zitong Financial App News, Peiran Environmental Protection (08320) released results for the three months ended June 30, 2023, the group achieved a profit of HK $11.189 million, down 3.11% from the same period last year; the profit attributable to the owners of the company was HK $152000, down 59.03% from the same period last year; earnings per share were HK0.02 cents.
The Group's net profit after tax for the three months ended 30 June 2023 was approximately HK $100000, compared with a net profit of approximately HK $400000 for the three months ended 30 June 2022. The decrease in net profit after tax is mainly due to the absence of government subsidies for the Employment Preservation Plan.