World Precision Machinery Limited reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was CNY 305.07 million compared to CNY 361.31 million a year ago. Net income was CNY 4.39 million compared to CNY 23.2 million a year ago. Basic earnings per share from continuing operations was CNY 0.01 compared to CNY 0.06 a year ago. Diluted earnings per share from continuing operations was CNY 0.01 compared to CNY 0.06 a year ago.
For the six months, sales was CNY 558.6 million compared to CNY 652.13 million a year ago. Net income was CNY 17.35 million compared to CNY 77.08 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.19 a year ago. Diluted earnings per share from continuing operations was CNY 0.04 compared to CNY 0.19 a year ago.