Shanghai Sinyang Semiconductor Materials Co., Ltd. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 548.05 million compared to CNY 546.87 million a year ago. Revenue was CNY 551.75 million compared to CNY 549.5 million a year ago.

Net income was CNY 86.81 million compared to CNY 9.91 million a year ago. Basic earnings per share from continuing operations was CNY 0.2805 compared to CNY 0.0318 a year ago. Diluted earnings per share from continuing operations was CNY 0.2805 compared to CNY 0.0318 a year ago.