Gelonghui August 25?Collier Group (01118.HK) announcementTotal group revenue for the six months ended June 30, 2023 was about HK $1.96 billion, down 7 per cent from the same period last year. The decrease in revenue was mainly due to the fact that the prices of most commodities, including steel, were lower than those in the same period last year, and the size of the business of the Group during the period basically remained at the level of the same period last year. After deducting the profit attributable to non-controlling interests, the profit attributable to the company's shareholders was about HK $63.078 million, an increase of 64 per cent over the same period last year.Basic earnings per share are HK10.98 cents.
During the period under review, with the easing of the "COVID-19" epidemic, economic activities in the mainland and Hong Kong gradually returned to normal, and most of the Group's business began to improve in the second quarter. The management team quickly seized the market opportunity to seize the market at the early stage of the resumption. It not only retained the original market share, but also expanded a number of new businesses of existing metal products. During the period, the Group's performance showed satisfactory growth compared with the same period last year.