Red Avenue New Materials Group Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 942.782 million compared to CNY 1,126.155 million a year ago. Operating income was CNY 205.616 million compared to CNY 257.170 million a year ago. Net income was CNY 179.929 million compared to CNY 233.088 million a year ago. Basic earnings per share from continuing operations was CNY 0.31 compared to CNY 0.4 a year ago.