Kangda New Materials (Group) Co., Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 1,040.43 million compared to CNY 718.57 million a year ago. Revenue was CNY 1,086.27 million compared to CNY 847.81 million a year ago.

Net loss was CNY 14.67 million compared to net income of CNY 27.75 million a year ago. Basic loss per share from continuing operations was CNY 0.059 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 0.059 compared to diluted earnings per share from continuing operations of CNY 0.11 a year ago.