Laibo Laibo, what happened recently?

Laibo Laibo Company recently suffered losses in the service business of science and technology education. 2022H 1, the income of science and technology education service business of Laibo decreased 18.7% to1570,000 yuan, and the gross profit margin decreased 18.4% to 19.9%. Among them, the 2022H 1 revenue of the subsidiary Leibo decreased by 35.6% to1.10.30 billion yuan, and the net profit returned to the mother was 38.9 million yuan. Its major cities, such as Beijing, Shanghai, Shenzhen and Zhengzhou, were closed on a large scale during the epidemic, and other areas were also affected to varying degrees, resulting in limited course delivery. In addition, Leibo's comprehensive printing service business was also affected by the epidemic. In 2022H 1, the revenue of this business decreased by 20. 1% to 856 million yuan, and the gross profit margin decreased by 5.5% to 13.2%. The main reason is that the factories in Shanghai, Hebei and Tianjin, where the business production base is located, are affected by the epidemic, which leads to limited logistics and difficult delivery, which in turn leads to reduced production efficiency. However, Leibo's product upgrade is expected to recover after the epidemic.