According to the Zhitong Finance App, China Childcare Network (01736) announced its interim results for the six months ended June 30, 2023, with total revenue of about 238.13 million yuan (RMB, same below), a year-on-year decrease of about 29.2%; loss attributable to company owners was 8.359 million yuan, an increase of 42.69% over the previous year; loss per share was 4.05 points.
According to reports, the decline in revenue was mainly affected by the economic environment, and there was a decline in advertising business promotion business.