Jiangsu Huachen Transformer Co., Ltd. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 500.82 million compared to CNY 391.54 million a year ago. Revenue was CNY 507.27 million compared to CNY 397.8 million a year ago.

Net income was CNY 27.08 million compared to CNY 39.21 million a year ago. Basic earnings per share from continuing operations was CNY 0.1692 compared to CNY 0.3096 a year ago. Diluted earnings per share from continuing operations was CNY 0.1692 compared to CNY 0.3096 a year ago.