Small Song Shares Releases Strong Mid-Year Financial Results

Industry Insight by 2FIRSTS.ai
Aug.31.2023
Small Song Shares Releases Strong Mid-Year Financial Results
Xiaosong Co., Ltd. (002723) released its 2023 interim financial performance, showing a 32.15% increase in revenue.

On the evening of August 30, Xiao Song Co., Ltd. (002723) released its 2023 interim financial report. The company's revenue for the first half of the year amounted to 872 million yuan, showing a year-on-year increase of 32.15%. Net profits attributable to shareholders reached 30.21 million yuan, experiencing a significant surge of 674.72% compared to the same period last year. The company's e-cigarette product sales also witnessed a growth during the first half of the year, generating approximately 17.43 million yuan in revenue, accounting for 2% of the total.

 

References:

 

Xiaosong Incorporated's Financial Report for the First Half of the Year

 

This document has been generated through artificial intelligence translation and is provided solely for the purposes of industry discourse and learning. Please note that the intellectual property rights of the content belong to the original media source or author. Owing to certain limitations in the translation process, there may be discrepancies between the translated text and the original content. We recommend referring to the original source for complete accuracy. In case of any inaccuracies, we invite you to reach out to us with corrections. If you believe any content has infringed upon your rights, please contact us immediately for its removal.