Jinan High-tech Development Co., Ltd. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 381.17 million compared to CNY 698.87 million a year ago. Revenue was CNY 401.46 million compared to CNY 720.76 million a year ago.

Net loss was CNY 46.94 million compared to CNY 293.18 million a year ago. Basic loss per share from continuing operations was CNY 0.05 compared to CNY 0.34 a year ago. Diluted loss per share from continuing operations was CNY 0.05 compared to CNY 0.34 a year ago.