Ningbo Xianfeng New Material Co.,Ltd reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 118.05 million compared to CNY 167.91 million a year ago. Revenue was CNY 132.22 million compared to CNY 177.2 million a year ago.

Net loss was CNY 3.73 million compared to net income of CNY 4.63 million a year ago. Basic loss per share from continuing operations was CNY 0.0079 compared to basic earnings per share from continuing operations of CNY 0.0098 a year ago. Diluted loss per share from continuing operations was CNY 0.0079 compared to diluted earnings per share from continuing operations of CNY 0.0098 a year ago.