According to the Zhitong Finance App, China Party Culture (01532) announced its interim results for the six months ended June 30, 2023, with revenue of about 191 million yuan (RMB, same below), up 18.52% year on year; loss attributable to company owners was 3.14 million yuan, up 502.69% year on year; loss per share was 0.23 points.
According to reports, the group's gross margin increased from about 22.7% to about 23.7% during this period. The increase in gross margin is mainly due to product portfolios that control production costs and increase higher profit margins.