Kangxin 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 44.77 million compared to CNY 254.46 million a year ago. Revenue was CNY 49.03 million compared to CNY 258.23 million a year ago.

Net loss was CNY 89.46 million compared to CNY 92.27 million a year ago. Basic loss per share from continuing operations was CNY 0.07 compared to CNY 0.07 a year ago. Diluted loss per share from continuing operations was CNY 0.07 compared to CNY 0.07 a year ago.