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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