According to the Zhitong Finance App, Jiujiuwang (01927) announced the results for the six months ended June 30, 2023, with revenue of 192 million yuan (RMB, same below), up 5.0% year on year; net profit of 7.275,000 yuan, down 28.1% year on year; and basic profit of 0.9 points per share.
The increase in revenue during the period was mainly due to an increase in OEM products due to increased sales of confectionery products to Grey Brothers Candy.