Cambridge Happy Life (02205) announced interim results for 2023, with income of about 445 million yuan (the same as below), an increase of 19.6% over the same period in 2022. Gross profit was about 112 million yuan, an increase of 5.9% over the same period in 2022. The profit attributable to the owners of the company is about 50.9 million yuan, an increase of 2.8% over the same period in 2022. The profit per share is 0.073 yuan.
During the reporting period, the group's income from providing property management services reached about 283 million yuan, an increase of 26.0% over the same period in 2022, mainly due to the rapid increase in the total construction area under management due to the expansion of the group's business. The income from community value-added services reached about 74.3 million yuan, an increase of 25.4% over the same period last year. Urban service revenue reached about 28.4 million yuan, an increase of 192.9 percent over the same period last year.