According to the Zhitong Finance App, Huankang Group (08169) announced results for the six months ending April 30, 2023, with earnings of HK$45,143 million, down 9.2% year on year; net profit of HK$2.04,000, down 35.3% year on year; and basic profit of HK$0.31 per share.
The decline in earnings during the period was due to the decline in sales of the company's environmental products business due to difficult times in the Chinese industrial market.