Zhitong Financial APP News, Great Wall Huanya Holdings (00583) announced results for the six months ended June 30, 2023, with income of HK $61.228 million, an increase of 8.7% over the same period last year; net profit of HK $162 million, an increase of 17.6% over the same period last year; and basic profit per share of HK10.36 cents.
Income from the property Investment Division was HK $61.2 million in the first half of 2023, compared with HK $56 million in the first half of 2022. The increase is mainly due to the increase in income from the tenancy agreement relating to Discovery Park.
There was no income from corporate finance services in the first half of 2023, and income from corporate finance services in the first half of 2022 was about HK $300000, a decrease of 100 per cent compared with the same period last year. The decrease in income from financial services is mainly due to a decrease in the number of corporate finance services compared with the first half of 2022 after the cessation of all business of category 6 (advising on institutional financing) regulated activities under the Securities and Futures Ordinance in the first half of 2023.