Tianma Microelectronics Co., Ltd. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 15,666.75 million compared to CNY 15,497.91 million a year ago. Revenue was CNY 16,002.45 million compared to CNY 15,737.74 million a year ago.

Net loss was CNY 1,424.23 million compared to net income of CNY 371.01 million a year ago. Basic loss per share from continuing operations was CNY 0.5795 compared to basic earnings per share from continuing operations of CNY 0.151 a year ago. Diluted loss per share from continuing operations was CNY 0.5795 compared to diluted earnings per share from continuing operations of CNY 0.151 a year ago.