Zhitong Financial APP News, Zhejiang United Investment (08366) released its first quarter results for the three months ended July 31, 2023. The group achieved a profit of HK $58.313 million, an increase of 143.82% over the same period last year. The loss attributable to the owners of the company was HK $1.024 million, down 28.79% from the same period last year; loss per share was HKD 0.06 cents.

Compared with the net loss for the three months ended 31 July 2022, the Group recorded an increase in earnings and an increase in gross profit margin and a decrease in net loss for the three months ended 31 July 2023.