Shanghai Challenge Textile Co.,Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 637.18 million compared to CNY 446.01 million a year ago. Revenue was CNY 638.01 million compared to CNY 446.62 million a year ago.

Net income was CNY 22.64 million compared to net loss of CNY 8.34 million a year ago. Basic earnings per share from continuing operations was CNY 0.0272 compared to basic loss per share from continuing operations of CNY 0.01 a year ago. Diluted earnings per share from continuing operations was CNY 0.0272 compared to diluted loss per share from continuing operations of CNY 0.01 a year ago.