Shanghai Ace Investment & Development Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 727.228 million compared to CNY 985.945 million a year ago. Operating income was CNY 32.713 million compared to CNY 21.087 million a year ago. Net income was CNY 26.535 million compared to CNY 17.756 million a year ago. Basic earnings per share from continuing operations was CNY 0.2 compared to CNY 0.13 a year ago.