PUYI.US has reported financial results for the first half of the 2023 fiscal year ending December 31, 2022, Zhitong Financial APP has learned. According to the data, the net income of H1 in 2023 was 68.4 million yuan (RMB, the same below), down 32.6% from the same period last year; the net loss was 31.5 million yuan, compared with 39.2 million yuan in the same period last year, 19.9% lower than the same period last year; and the basic and diluted loss per ADS was 0.522 yuan, compared with a loss of 0.651 yuan in the same period last year.

By business, revenue from wealth management business was 53.5 million yuan, down 43.2% from the same period last year, while revenue from asset management business was 1.2 million yuan, down 68.7% from the same period last year.