Zhejiang Canaan Technology Limited reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 472.74 million compared to CNY 489.96 million a year ago. Revenue was CNY 477.38 million compared to CNY 493.83 million a year ago.

Net income was CNY 16.59 million compared to CNY 42.36 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to CNY 0.09 a year ago. Diluted earnings per share from continuing operations was CNY 0.03 compared to CNY 0.09 a year ago.