Zhitong Financial APP News, investment international (01355) released interim results for the six months ended June 30, 2023, the group achieved a profit of HK $30.524 million, down 4.14% from the same period last year; the loss attributable to the owners of the company was HK $5.348 million, down 29.02% from the same period last year; loss per share was HK1.19 cents.
In terms of accommodation operation, the revenue for the six months ended 30 June 2023 was HK $29.423 million, representing an increase of about 15.67% over the same period in the previous financial year. The increase in revenue is mainly due to the positive impact of the domestic epidemic prevention and control situation and policies, the recovery process of the industry has been accelerating, and the fundamentals of continuous progress have been further stabilized, especially the accelerated recovery of the tourism market, the return of inter-provincial travel frequency to the pre-epidemic normal, and the obvious expansion of residents' travel radius, length of stay and destination recreation radius, which has led to a substantial increase in the group accommodation business.