AVCON Information Technology Co., Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 138.28 million compared to CNY 186.97 million a year ago. Revenue was CNY 150.84 million compared to CNY 193.7 million a year ago.

Net loss was CNY 23.05 million compared to CNY 2.71 million a year ago. Basic loss per share from continuing operations was CNY 0.0434 compared to CNY 0.0051 a year ago. Diluted loss per share from continuing operations was CNY 0.0434 compared to CNY 0.0051 a year ago.