


Bull Group's net profit in the first half of the year was 1.822 billion yuan: a year-on-year increase of 20.83%, and the new energy business surged 195.21%
News from this site on August 17, Bull Group released its 2023 semi-annual report today. In the first half of the year, it achieved operating income of 7.592 billion yuan, a year-on-year increase of 11.03%; Net profit attributable to the parent company was 1.822 billion yuan, a year-on-year increase of 2.083% %;Basic earnings per share is 2.05 yuan. The main financial indicators attached to this site are as follows:

The report shows that in the first half of the year, Bull Group’s electrical connection business achieved revenue of 3.677 billion yuan, a year-on-year increase of 4.66% ; Intelligent electrical lighting business achieved revenue of 3.771 billion yuan, a year-on-year increase of 15.54%; New energy business achieved revenue of 131 million yuan, a year-on-year increase of 195.21%.

During the reporting period, Bull Group’s core business was concentrated in the fields of electrical connections, smart electrical lighting and new energy
The main electrical connection products include converters (sockets) and digital accessories, etc.
Intelligent electrical lighting products cover wall switches and sockets, LED lighting, safety circuit breakers, and smart bathroom heaters , smart door locks, smart clothes dryers, smart curtain machines, etc.
New energy products include new energy vehicle charging facilities, outdoor portable energy storage products, etc.

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