According to Zhitong Financial App, China Integrated Holdings (01027) announced its interim results for the six months ended June 30, 2023. The group achieved revenue of RMB 158 million (same unit below), a year-on-year decrease of 17.81%; loss attributable to company owners was 7.314 million yuan, a year-on-year decrease of 48.24%; and a loss of 1.77 points per share.
The announcement stated that the decline in revenue was mainly due to a decline in demand for POE umbrellas and umbrella parts compared to the same period last year.