Shanghai Ace Investment & Development Co., Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 1,865.44 million compared to CNY 963.88 million a year ago. Revenue was CNY 1,872.39 million compared to CNY 971.02 million a year ago.

Net income was CNY 178.1 million compared to CNY 71.92 million a year ago. Basic earnings per share from continuing operations was CNY 1.12 compared to CNY 0.49 a year ago. Diluted earnings per share from continuing operations was CNY 1.12 compared to CNY 0.49 a year ago.