According to Zhitong Financial App, Weili Holdings (02372) announced its interim results for the six months ended June 30, 2023. The group achieved revenue of RMB 63.631 million (same unit), a year-on-year decrease of 67.46%; the company owners should account for a loss of 3.864 million yuan, compared to a profit of 1996,000 yuan for the same period last year; a loss of 0.5 points per share.

The announcement stated that the decrease in revenue was mainly due to the temporary reduction in orders placed by some of the Group's major customers for transfer paper and composite paper products with the Group. The directors believed that the temporary decrease in related orders was mainly due to QR code packaging revisions.