Hongbo Co., Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 226.51 million compared to CNY 292.03 million a year ago. Revenue was CNY 232.5 million compared to CNY 298.19 million a year ago.

Net loss was CNY 40.52 million compared to net income of CNY 18.3 million a year ago. Basic loss per share from continuing operations was CNY 0.0822 compared to basic earnings per share from continuing operations of CNY 0.0371 a year ago.