Kangxin New Materials Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 449.431 million compared to CNY 1,057.773 million a year ago. Operating loss was CNY 52.596 million compared to operating Income of CNY 272.021 million a year ago. Net loss was CNY 53.151 million compared to net income of CNY 259.605 million a year ago. Basic loss per share from continuing operations was CNY 0.05 compared to basic earnings per share from continuing operations of CNY 0.25 a year ago.