Zonghengyou Holdings (08069) announced its results for the six months ended September 30, 2023. The group achieved a profit of HK$189 million, an increase of 794.24% over the previous year; profit attributable to company owners of HK$631,000, compared to a loss of HK$9.414 million in the same period last year; and a profit of 0.1 cent per share from continuing operations and discontinued operations.
For the six months ended September 30, 2023, tour group revenue increased by 2112.5% to about HK$173 million over the same period in 2022, and the gross profit of tour groups increased by 1701.2% to about HK$32 million. This is due to the Group's relaunch of overseas tours on June 24, 2022, and the excellent sales performance of tours operated during the Easter holidays and peak summer vacation periods in April, July and August 2023.