According to Zhitong Financial App, Liren Technology (001259.SZ) released the 2023 semi-annual report. During the reporting period, the company achieved revenue of 243 million yuan, a year-on-year decrease of 27.38%. Net profit attributable to shareholders of listed companies was 18.7404 million yuan, a year-on-year decrease of 48.29%. Net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was RMB 1,882,500, a year-on-year decrease of 47.58%. The basic earnings per share was 0.2547 yuan.
During the reporting period, in accordance with changes in the market environment, the company actively adjusted the company's strategy and development plan, continuously optimized the management level and organizational structure, continuously optimized the product sales structure, and aimed to continuously improve the quality of business. During the reporting period, the company achieved a 27.38% year-on-year decline in revenue, mainly due to fluctuations in the domestic air fryer market, and the large decline in air fryers.