Changgao Electric Group Co., Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 486.53 million compared to CNY 697.34 million a year ago. Revenue was CNY 492.01 million compared to CNY 702.69 million a year ago.

Net income was CNY 51.42 million compared to CNY 120.04 million a year ago. Basic earnings per share from continuing operations was CNY 0.083 compared to CNY 0.225 a year ago. Diluted earnings per share from continuing operations was CNY 0.083 compared to CNY 0.225 a year ago.