Sai MicroElectronics Inc. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 371.19 million compared to CNY 368.64 million a year ago. Revenue was CNY 396.91 million compared to CNY 377.43 million a year ago.

Net loss was CNY 27.44 million compared to net income of CNY 8.3 million a year ago. Basic loss per share from continuing operations was CNY 0.0374 compared to basic earnings per share from continuing operations of CNY 0.0114 a year ago. Diluted loss per share from continuing operations was CNY 0.0374 compared to diluted earnings per share from continuing operations of CNY 0.0114 a year ago.