Hehong Services (06093) released its results for the six months ended June 30, 2023, with an income of 647 million yuan (RMB, the same below), an increase of 39.6% over the same period last year; profit attributable to shareholders was 54.211 million yuan, an increase of 22.2% over the same period last year; and basic profit per share was 9.68%.
The increase in profit during the period attributable to equity shareholders was mainly due to the expansion of business scale and the increase in the number of property management projects, as well as the profit of newly acquired subsidiaries.