Jiangsu Huahong Technology Co., Ltd. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 3,472.81 million compared to CNY 4,632.54 million a year ago. Revenue was CNY 3,529.06 million compared to CNY 4,658.88 million a year ago.

Net loss was CNY 185.35 million compared to net income of CNY 387.7 million a year ago. Basic loss per share from continuing operations was CNY 0.3225 compared to basic earnings per share from continuing operations of CNY 0.6661 a year ago.