Weihai Guangwei Composites Co., Ltd. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 1,220.81 million compared to CNY 1,310.61 million a year ago. Revenue was CNY 1,223.7 million compared to CNY 1,314.48 million a year ago.

Net income was CNY 413.29 million compared to CNY 505.58 million a year ago. Basic earnings per share from continuing operations was CNY 0.4981 compared to CNY 0.6096 a year ago. Diluted earnings per share from continuing operations was CNY 0.4963 compared to CNY 0.6067 a year ago.