Newsletter summary

Rico healthy living (02370) outstanding performance in 2023BestvideopokernearmeRevenue increased by 12% year-on-yearBestvideopokernearme.2%, gross margin increased by 5%Bestvideopokernearme.3%, profit and earnings per share have increased, and the company has also seen growth in management and contract construction.

Text of news flash

Lego healthy living (02370) had outstanding interim results, with earnings up 12.2% from a year earlier. Rico healthy living (02370) announced its mid-term results for 2023, with a revenue of about 233 million yuan, an increase of 12.2% over the same period last year. Gross margin also rose to 71.4 million yuan, up 5.3 per cent from a year earlier. The profit attributable to the owners of the company was 13.639 million yuan, an increase of 9.59% over the same period last year, and earnings per share was 6.82 cents. As of June 30, 2023, the total floor area of Lego Health Life Management was 19.1 million square meters, an increase of 1.1 percent over the same period last year, while the total contracted floor area was 27 million square meters, an increase of 0.4 percent over the same period last year. Company incomeBestvideopokernearmeThe growth was mainly due to the expansion of internal business, especially the increase in managed floor space and the increase in the average cost of property management. In addition, the company has further expanded its sources of income by providing home life services, such as home decoration, repair and maintenance, and selling groceries to owners. Lego's growth in healthy living shows the company's positive results in business development and market expansion. By optimizing internal management and strengthening service quality, the company continues to maintain a leading position in the highly competitive property management market.