Shanghai Ace Investment&Development Co.,Ltd reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 1,269.42 million compared to CNY 1,865.44 million a year ago. Revenue was CNY 1,277.85 million compared to CNY 1,872.39 million a year ago.

Net loss was CNY 34.98 million compared to net income of CNY 178.1 million a year ago. Basic loss per share from continuing operations was CNY 0.22 compared to basic earnings per share from continuing operations of CNY 1.12 a year ago. Diluted loss per share from continuing operations was CNY 0.22 compared to diluted earnings per share from continuing operations of CNY 1.12 a year ago.