Kangxin New Materials Co., Ltd reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 254.46 million compared to CNY 754.42 million a year ago. Revenue was CNY 258.23 million compared to CNY 759.27 million a year ago.

Net loss was CNY 92.28 million compared to net income of CNY 66.12 million a year ago. Basic loss per share from continuing operations was CNY 0.07 compared to basic earnings per share from continuing operations of CNY 0.05 a year ago. Diluted loss per share from continuing operations was CNY 0.07 compared to diluted earnings per share from continuing operations of CNY 0.05 a year ago.