According to the Zhitong Financial App, Boer Power (01685) announced its interim results for the six months ended June 30, 2023, with revenue of 260 million yuan (RMB, same below), a year-on-year decrease of 6.88%; profit attributable to equity shareholders of the company was 6.462 million yuan, a year-on-year decrease of 27.03%; profit per share was 0.8 points.

According to reports, due to the influence of the macro environment during the period, the Group's revenue declined slightly, reaching 260.4 million yuan, a year-on-year decrease of 6.9%. Despite being affected by the external environment and pressure on the supply chain during the period, through refined operations and efficient overall management, the Group achieved a gross margin increase of 29.1% (6 months ending June 30, 2022:28.7%), an increase of 0.4 percentage points over the previous year, while gross profit was RMB 75.7 million.