According to Zhitong Financial App, Honghui New Materials (002802.SZ) released the 2023 semi-annual report. During the reporting period, the company achieved revenue of 181 million yuan, a year-on-year decrease of 42.44%. Net profit attributable to shareholders of listed companies was 26.343 million yuan, a year-on-year decrease of 38.04%. Net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was RMB 21.2412 million, a year-on-year decrease of 46.81%. Basic earnings per share were $0.18.

During the reporting period, the decline in revenue was mainly due to a decrease in sales of water-based emulsions (resins) during the reporting period compared to the same period last year.