Guangdong Zhengye Technology Co., Ltd. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 380.79 million compared to CNY 635.55 million a year ago. Revenue was CNY 386.01 million compared to CNY 639.06 million a year ago.

Net loss was CNY 52.88 million compared to net income of CNY 42.47 million a year ago. Basic loss per share from continuing operations was CNY 0.14 compared to basic earnings per share from continuing operations of CNY 0.11 a year ago. Diluted loss per share from continuing operations was CNY 0.14 compared to diluted earnings per share from continuing operations of CNY 0.11 a year ago.