Zhitong Financial App News, Senhao Group (08285) released its interim results for the six months ended June 30, 2023. The group made a profit of 61.682 million yuan (RMB, the same below), an increase of 51.9% over the same period last year. The loss attributable to shareholders was 3.417 million yuan, narrowed by 62.36% compared with the same period last year; and the basic loss per share was 0.61%.
According to the announcement, the narrowing of losses attributable to shareholders is due to increased earnings for the period, lower growth in sales and distribution expenses, reduced foreign exchange losses and reversal of impairment losses on trade and other receivables.