Shenzhen Hongtao Group Co.,Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 916.32 million compared to CNY 1,428.54 million a year ago. Revenue was CNY 927.31 million compared to CNY 1,436.85 million a year ago.

Net loss was CNY 134.68 million compared to net income of CNY 71.1 million a year ago. Basic loss per share from continuing operations was CNY 0.0974 compared to basic earnings per share from continuing operations of CNY 0.0567 a year ago. Diluted loss per share from continuing operations was CNY 0.0974 compared to diluted earnings per share from continuing operations of CNY 0.0489 a year ago.