Shanghai Shibei Hi-Tech Co.,Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 649.49 million compared to CNY 279.1 million a year ago. Revenue was CNY 663.97 million compared to CNY 279.12 million a year ago.

Net income was CNY 4.35 million compared to net loss of CNY 77.01 million a year ago. Basic earnings per share from continuing operations was CNY 0.0023 compared to basic loss per share from continuing operations of CNY 0.0411 a year ago. Diluted earnings per share from continuing operations was CNY 0.0023 compared to diluted loss per share from continuing operations of CNY 0.0411 a year ago.