According to the Zhitong Finance App, Jun Baiyan Group (08372) announced its annual results for the year ending March 31, 2023, with revenue of HK$76.701 million, an increase of about 6.6% over the previous year; net profit of HK$7562 million, an increase of 86.81% over the previous year; a profit of HK$0.95 per share of HKD per share of common stock to replace the final dividend.

According to the announcement, the increase in earnings was mainly due to the lifting of COVID-19 restrictions and the economic recovery, which led to an increase in revenue generated from medical equipment and consumables. The increase in profit is mainly due to increased earnings; and government subsidies for one-time employment insurance schemes for the year ending March 31, 2023.