HIT Welding Industry Co., Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 753.34 million compared to CNY 813.5 million a year ago. Revenue was CNY 757.09 million compared to CNY 816.98 million a year ago.

Net income was CNY 20.08 million compared to CNY 41.94 million a year ago. Basic earnings per share from continuing operations was CNY 0.13 compared to CNY 0.31 a year ago. Diluted earnings per share from continuing operations was CNY 0.13 compared to CNY 0.31 a year ago.