Zhitong Financial APP News, Jiujiuwang (01927) released its results for the six months ended June 30, 2023, with an income of 192 million yuan (RMB, the same below), an increase of 5.0% over the same period last year; net profit of 7.275 million yuan, down 28.1% from the same period last year; and basic earnings per share of 0.9%.
The increase in earnings during the period was mainly due to an increase in OEM products due to increased sales of sweet products to Grey Brothers confectionery.