Baofeng Group Co., Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 83.592 million compared to CNY 791.550 million a year ago. Operating loss was CNY 281.875 million compared to CNY 395.642 million a year ago. Net loss was CNY 263.861 million compared to CNY 106.176 million a year ago. Basic loss per share from continuing operations was CNY 0.81 compared to CNY 0.33 a year ago.