Yuan Li Holdings (01933.HK) announced that during the six-month period ended September 30, 2021, operating income increased by about 56.408 million yuan, or 52.7%, over the same period last year. The growth was concentrated in the technical services business, mainly due to the Group's continued commitment to research and development and market expansion, and the continuous expansion of the type and scope of technical services to customers.The profit attributable to shareholders was 7.86 million yuan, an increase of 150.88% over the same period last year.Basic and diluted earnings per share are 1.59 cents.
The overall gross profit margin decreased from about 23.3% to about 19.5%, mainly due to: I) improving service quality and responding to market demand, equipping more customers with dedicated technical service teams, resulting in higher labor outsourcing costs and ii) affected by rising raw materials and logistics costs, product procurement costs increased.