Hangzhou Huaguang Advanced Welding Materials Co.,Ltd. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 701.14 million compared to CNY 619.46 million a year ago. Revenue was CNY 702.75 million compared to CNY 621.44 million a year ago.

Net income was CNY 32.34 million compared to CNY 9.94 million a year ago. Basic earnings per share from continuing operations was CNY 0.37 compared to CNY 0.11 a year ago. Diluted earnings per share from continuing operations was CNY 0.37 compared to CNY 0.11 a year ago.