Reach New 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 20.29 million compared to CNY 19.45 million a year ago. Net income was CNY 0.471 million compared to net loss of CNY 0.496 million a year ago. Basic earnings per share from continuing operations was CNY 0.001 compared to basic loss per share from continuing operations of CNY 0.001 a year ago.
For the six months, sales was CNY 34.12 million compared to CNY 36.77 million a year ago. Net loss was CNY 1.25 million compared to CNY 3.42 million a year ago. Basic loss per share from continuing operations was CNY 0.001 compared to CNY 0.004 a year ago.