Shanghai Hongda New Material Co., Ltd. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 116.78 million compared to CNY 198.26 million a year ago. Revenue was CNY 116.87 million compared to CNY 198.26 million a year ago.

Net loss was CNY 11.49 million compared to CNY 18.26 million a year ago. Basic loss per share from continuing operations was CNY 0.0266 compared to CNY 0.0422 a year ago. Diluted loss per share from continuing operations was CNY 0.0266 compared to CNY 0.0422 a year ago.