On August 30, 00556.HK announced its interim results. For the six months ended June 30, 2021, the company's revenue was 19.857 million yuan, down 16% from the same period last year. The profit attributable to the company's owners was 15.55 million yuan, compared with a loss of 12.237 million yuan in the same period last year.
The Group's turnaround was mainly due to the allocation in response to the net impairment loss on trade receipts and contract assets.