Zhitong Financial APP News, Changjiang Garment (00294) released interim results for the six months ending September 30, 2022. The group earned HK $200m in revenue during the period, up 23.41 per cent from a year earlier; profit attributable to shareholders was HK $7.821 million, down 7.92 per cent from a year earlier; and basic profit per share was HK $0.04.
Although the group's core business income and profits have increased, the profits of the group's joint ventures in Wuxi have fallen sharply, affecting the overall performance of the group, the announcement said. Subsidies under the Government's Enterprise support Scheme will help improve the overall performance of the group.