Guangdong Fangyuan New Materials Group Co., Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 906.36 million compared to CNY 902.89 million a year ago. Revenue was CNY 946.24 million compared to CNY 903.28 million a year ago.

Net income was CNY 2.82 million compared to CNY 53.92 million a year ago. Basic earnings per share from continuing operations was CNY 0.006 compared to CNY 0.13 a year ago. Diluted earnings per share from continuing operations was CNY 0.006 compared to CNY 0.13 a year ago.