Shanghai Guangdian Electric Group Co., Ltd. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 372.14 million compared to CNY 481.87 million a year ago. Revenue was CNY 386.87 million compared to CNY 499.26 million a year ago.

Net income was CNY 15.88 million compared to CNY 38.32 million a year ago. Basic earnings per share from continuing operations was CNY 0.0186 compared to CNY 0.0449 a year ago. Diluted earnings per share from continuing operations was CNY 0.0186 compared to CNY 0.0449 a year ago.