World Precision Machinery Limited reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was CNY 276.86 million compared to CNY 305.07 million a year ago. Net income was CNY 23.45 million compared to CNY 4.39 million a year ago. Basic earnings per share from continuing operations was CNY 0.06 compared to CNY 0.01 a year ago. Diluted earnings per share from continuing operations was CNY 0.06 compared to CNY 0.01 a year ago.
For the six months, sales was CNY 557.65 million compared to CNY 558.6 million a year ago. Net income was CNY 35.01 million compared to CNY 17.35 million a year ago. Basic earnings per share from continuing operations was CNY 0.09 compared to CNY 0.04 a year ago. Diluted earnings per share from continuing operations was CNY 0.09 compared to CNY 0.04 a year ago.