Zhitong Financial APP News, Shengyuan Holdings (00851) announced results for the six months ended June 30, 2023, the group's income was HK $3.673 million, down 91.38% from the same period last year; the net loss was HK $17.688 million, compared with a profit of HK $4.652 million in the same period last year; loss per share was HK3.51 cents.
The announcement said that the decrease in profit was mainly due to a reduction in revenue sources.