Guangdong Huatie Tongda High-speed Railway Equipment Corporation reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 565.34 million compared to CNY 1,861.47 million a year ago. Revenue was CNY 573.5 million compared to CNY 1,869.67 million a year ago.

Net loss was CNY 1,207 million compared to net income of CNY 281.18 million a year ago. Basic loss per share from continuing operations was CNY 0.76 compared to basic earnings per share from continuing operations of CNY 0.18 a year ago. Diluted loss per share from continuing operations was CNY 0.76 compared to diluted earnings per share from continuing operations of CNY 0.18 a year ago.