Zhitong Financial APP News, Murong Home (01575) released its unaudited interim results for the six months ended June 30, 2023. The group's income during the period was 89.255 million yuan (RMB, the same below), an increase of 65.44% over the same period last year; the loss attributable to shareholders was 13.797 million yuan, 88.87% lower than the same period last year; and the basic loss per share was 0.52%.
The announcement said that the decrease in net loss was mainly due to two main factors. First, earnings increased in the first half of 2023. Second, the group's Chinese plant was shut down in 2022, resulting in an one-time severance payment.