Shanghai Guao Electronic Technology Co., Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 190.92 million compared to CNY 76.36 million a year ago. Revenue was CNY 196.13 million compared to CNY 81 million a year ago.

Net loss was CNY 21.65 million compared to CNY 15.91 million a year ago. Basic loss per share from continuing operations was CNY 0.07 compared to CNY 0.05 a year ago. Diluted loss per share from continuing operations was CNY 0.07 compared to CNY 0.05 a year ago.