Hongda Xingye Co., Ltd. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 1,913.21 million compared to CNY 2,481 million a year ago. Revenue was CNY 2,287.23 million compared to CNY 2,582.23 million a year ago.

Net loss was CNY 476.4 million compared to net income of CNY 278.91 million a year ago. Basic loss per share from continuing operations was CNY 0.1526 compared to basic earnings per share from continuing operations of CNY 0.0894 a year ago.