Chongqing Sifang New Material Co., Ltd. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 952.22 million compared to CNY 708.03 million a year ago. Revenue was CNY 956.94 million compared to CNY 735.94 million a year ago.

Net loss was CNY 7.54 million compared to net income of CNY 51.43 million a year ago. Basic loss per share from continuing operations was CNY 0.04 compared to basic earnings per share from continuing operations of CNY 0.3 a year ago. Diluted loss per share from continuing operations was CNY 0.04 compared to diluted earnings per share from continuing operations of CNY 0.3 a year ago.