Baota Industry Co., Ltd. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 103.57 million compared to CNY 101.25 million a year ago. Revenue was CNY 112.61 million compared to CNY 110.04 million a year ago.

Net loss was CNY 30.9 million compared to CNY 26.54 million a year ago. Basic loss per share from continuing operations was CNY 0.03 compared to CNY 0.02 a year ago. Diluted loss per share from continuing operations was CNY 0.03 compared to CNY 0.02 a year ago.