According to the Zhitong Finance App, Peiran Environmental (08320) reported results for the three months ended June 30, 2023. The group achieved revenue of HK$11.189 million, a decrease of 3.11% over the previous year; the company owners should have a profit of HK$152,000, a decrease of 59.03% over the previous year; profit of HK0.02 cents per share.

The Group's net profit after tax for the three months ended June 30, 2023 was approximately HK$100,000, compared to the net profit obtained after tax of about HK$400,000 for the three months ended June 30, 2022. The decrease in net profit after excluding taxes is mainly due to the lack of government subsidies under the “Employment Protection Plan.”