Gelonghui August 29?Zhifeng Industrial Electronics (01710.HK) announcementEarnings for the six months ended June 30, 2023 increased by 35.6% to HK $566 million compared with the same period last year.The profit attributable to the owners of the company was HK $21.7 million, compared with HK $900000 in the same period last year. The Board has resolved to declare an interim dividend of HK0.8 cents per ordinary share for the six months ended 30 June 2023 (same period last year: HK0.8 cents per ordinary share).
The Group is committed to intelligent manufacturing, including innovation, automation and technological progress. As the first industrial electronics supplier in Hong Kong to obtain Industrial 4.0 certification, the company gives priority to the use of intelligent manufacturing practices to improve the efficiency of supply chain management, simplify production processes and reduce costs. The company is committed to continuous improvement, constantly optimize production technology and upgrade products. As a result, the company ensures the production of high-quality industrial electronic products to meet the changing needs of customers.
Europe and North America remain the group's main markets, accounting for 96.5% and 92.4% of the group's total revenue for the six months ended June 30, 2023 and 2022, respectively. In the six months ended June 30, 2023, sales for European customers increased significantly by 47.2% over the same period last year, while sales for North American customers increased by 2.4%.