Shanghai Bailian (Group) Co., Ltd. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 16,331.79 million compared to CNY 17,108.97 million a year ago. Net income was CNY 327.68 million compared to net loss of CNY 116.31 million a year ago.

Basic earnings per share from continuing operations was CNY 0.18 compared to basic loss per share from continuing operations of CNY 0.07 a year ago. Diluted earnings per share from continuing operations was CNY 0.18 compared to diluted loss per share from continuing operations of CNY 0.07 a year ago.