Hongbo Co., Ltd. reported earnings results for the nine months ended September 30, 2022. For the nine months, the company reported sales was CNY 374.04 million compared to CNY 401.78 million a year ago. Revenue was CNY 374.04 million compared to CNY 401.78 million a year ago.

Net loss was CNY 46.42 million compared to net income of CNY 10.61 million a year ago. Basic loss per share from continuing operations was CNY 0.0941 compared to basic earnings per share from continuing operations of CNY 0.0215 a year ago.