Netsun’s results flat in first half of 2023
Hangzhou, 31st August: Shenzhen-listed Zhejiang Netsun, a B2B e-commerce platform, recently released its financial results for the six months ended 30th June 2023. The company’s revenues were US$31 million during the period, representing a year-on-year decrease of 9.6% compared to the first half of 2022.
However, profits during the six-month period rose slightly by 1.0% to reach US$1.6 million. Diluted earnings per share in the first half of 2023 were RMB 0.05 (US$0.0069).