Xinxing Ductile Iron Pipes Co., Ltd. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 24,324.76 million compared to CNY 26,685.63 million a year ago. Revenue was CNY 24,521.03 million compared to CNY 26,961.03 million a year ago.

Net income was CNY 838.56 million compared to CNY 1,064.13 million a year ago. Basic earnings per share from continuing operations was CNY 0.2102 compared to CNY 0.2666 a year ago. Diluted earnings per share from continuing operations was CNY 0.2102 compared to CNY 0.2666 a year ago.