Gelonghui August 28?01329.HK announced interim results. In the six months ended June 30, 2023, the company's revenue was 625 million yuan, up 36.33% from a year earlier; gross profit was 208 million yuan, up 7.84% from a year earlier; the profit attributable to the company's owners was 87.135 million yuan, compared with a loss of 116 million yuan in the same period last year, with a basic loss per share of 3.42%.
The increase in income is mainly due to the optimization of COVID-19 epidemic prevention and control policy in the first half of 2023, the rapid recovery of the domestic retail industry and the improvement of OUTLETS sales performance.