Jiangsu Lidao New Materials Co., Ltd. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 637.65 million compared to CNY 717.91 million a year ago. Revenue was CNY 751.01 million compared to CNY 762.05 million a year ago.

Net income was CNY 35.98 million compared to CNY 59.23 million a year ago. Basic earnings per share from continuing operations was CNY 0.17 compared to CNY 0.28 a year ago. Diluted earnings per share from continuing operations was CNY 0.17 compared to CNY 0.28 a year ago.