Hangzhou Huaguang Advanced Welding Materials Co., Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 619.46 million compared to CNY 594.34 million a year ago. Revenue was CNY 621.44 million compared to CNY 595.37 million a year ago.

Net income was CNY 9.94 million compared to CNY 34.1 million a year ago. Basic earnings per share from continuing operations was CNY 0.11 compared to CNY 0.39 a year ago. Diluted earnings per share from continuing operations was CNY 0.11 compared to CNY 0.39 a year ago.