Red phase INC. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 689.82 million compared to CNY 727.62 million a year ago. Revenue was CNY 698.57 million compared to CNY 737.04 million a year ago.

Net income was CNY 29.05 million compared to CNY 49.05 million a year ago. Basic earnings per share from continuing operations was CNY 0.0803 compared to CNY 0.1362 a year ago. Diluted earnings per share from continuing operations was CNY 0.0803 compared to CNY 0.1362 a year ago.