Renhe Technology (08140) announced results for the year ended June 30, 2023, with earnings down about 2.1 per cent year-on-year to HK $107 million, with a net profit of HK $20.795 million, up 1.29 per cent year-on-year, or HK2.6cents per share.
The decrease in revenue is mainly due to reduced sales of connectors to new projects and customers, the announcement said.