Raffles Infrastructure Holdings Limited reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was CNY 1.55 million compared to CNY 5.86 million a year ago. Net loss was CNY 2.13 million compared to net income of CNY 0.985 million a year ago. Basic loss per share from continuing operations was CNY 0.03 compared to basic earnings per share from continuing operations of CNY 0.01 a year ago.
For the six months, sales was CNY 7.8 million compared to CNY 9.83 million a year ago. Net loss was CNY 5.34 million compared to net income of CNY 3.98 million a year ago. Basic loss per share from continuing operations was CNY 0.08 compared to basic earnings per share from continuing operations of CNY 0.06 a year ago.