Shanxi Huayang New Material Co.,Ltd. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 307.2 million compared to CNY 261.1 million a year ago. Revenue was CNY 327.91 million compared to CNY 280.05 million a year ago.

Net loss was CNY 37.1 million compared to CNY 44.73 million a year ago. Basic loss per share from continuing operations was CNY 0.0721 compared to CNY 0.0869 a year ago. Diluted loss per share from continuing operations was CNY 0.0721 compared to CNY 0.0869 a year ago.