Jiangsu Shemar Electric Co.,Ltd reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 408.69 million compared to CNY 370.1 million a year ago. Revenue was CNY 415.67 million compared to CNY 371.56 million a year ago.

Net income was CNY 50.84 million compared to CNY 19.68 million a year ago. Basic earnings per share from continuing operations was CNY 0.12 compared to CNY 0.05 a year ago. Diluted earnings per share from continuing operations was CNY 0.12 compared to CNY 0.05 a year ago.