Tongdao Liepin Group reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was CNY 589.8 million compared to CNY 722.98 million a year ago. Net income was CNY 50.68 million compared to CNY 145.89 million a year ago.
For the six months, sales was CNY 1,092.97 million compared to CNY 1,371.63 million a year ago. Net income was CNY 8.3 million compared to CNY 142.17 million a year ago. Basic earnings per share from continuing operations was CNY 0.0171 compared to CNY 0.2816 a year ago. Diluted earnings per share from continuing operations was CNY 0.017 compared to CNY 0.28 a year ago.