Ningbo Gaofa Automotive Control System Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 908.26 million compared to CNY 872.94 million a year ago. Revenue was CNY 942 million compared to CNY 891.43 million a year ago.

Net income was CNY 145.46 million compared to CNY 179.33 million a year ago. Basic earnings per share from continuing operations was CNY 0.65 compared to CNY 0.8 a year ago. Diluted earnings per share from continuing operations was CNY 0.65 compared to CNY 0.8 a year ago.