Shandong Ruyi Woolen Garment Group Co., Ltd. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 180.32 million compared to CNY 314.49 million a year ago. Revenue was CNY 189.58 million compared to CNY 369.35 million a year ago.

Net loss was CNY 63.25 million compared to net income of CNY 38.81 million a year ago. Basic loss per share from continuing operations was CNY 0.24 compared to basic earnings per share from continuing operations of CNY 0.15 a year ago. Diluted loss per share from continuing operations was CNY 0.24 compared to diluted earnings per share from continuing operations of CNY 0.15 a year ago.