Motic (Xiamen) Electric Group Co.,Ltd reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 666.05 million compared to CNY 793.08 million a year ago. Revenue was CNY 677.96 million compared to CNY 805.47 million a year ago.

Net income was CNY 75.52 million compared to CNY 108.81 million a year ago. Basic earnings per share from continuing operations was CNY 0.1471 compared to CNY 0.2119 a year ago. Diluted earnings per share from continuing operations was CNY 0.1471 compared to CNY 0.2119 a year ago.