Shandong Tongda Island New Materials Co.,Ltd. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 146.68 million compared to CNY 256.95 million a year ago. Revenue was CNY 146.68 million compared to CNY 256.95 million a year ago.

Net loss was CNY 14.73 million compared to net income of CNY 6.96 million a year ago. Basic loss per share from continuing operations was CNY 0.1659 compared to basic earnings per share from continuing operations of CNY 0.0784 a year ago. Diluted loss per share from continuing operations was CNY 0.1659 compared to diluted earnings per share from continuing operations of CNY 0.0784 a year ago.