According to Zhitong Financial App, Wuhan Holdings (600168.SH) released the 2023 semi-annual report. During the reporting period, the company achieved revenue of 1,579 billion yuan, an increase of 11.08% over the previous year. Net profit attributable to shareholders of listed companies was 345 million yuan, an increase of 257.52% over the previous year. Net non-recurring profit and loss of RMB 51.3978 million attributable to shareholders of listed companies was deducted. Basic earnings per share were $0.49.
The main reason is that accounts receivable have increased, and credit impairment losses have increased accordingly; second, financial expenses for the current period have increased by 31.34% over the same period of the previous year. The main reason is that financial expenses have increased due to the increase in company interest expenses; third, the company's R&D expenses such as depreciation and direct investment have increased in the current period.