Shanghai Hongda New Material Co., Ltd. reported earnings results for the nine months ended September 30, 2023. For the nine months, the company reported sales was CNY 176.99 million compared to CNY 285.21 million a year ago. Revenue was CNY 176.99 million compared to CNY 285.21 million a year ago.

Net loss was CNY 15.48 million compared to CNY 24.16 million a year ago. Basic loss per share from continuing operations was CNY 0.0358 compared to CNY 0.0559 a year ago. Diluted loss per share from continuing operations was CNY 0.0358 compared to CNY 0.0559 a year ago.