AA Industrial Belting (Shanghai) Co.,Ltd reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 176.52 million compared to CNY 252.48 million a year ago. Revenue was CNY 176.52 million compared to CNY 252.48 million a year ago.

Net loss was CNY 2.8 million compared to net income of CNY 34.07 million a year ago. Basic loss per share from continuing operations was CNY 0.0214 compared to basic earnings per share from continuing operations of CNY 0.2608 a year ago. Diluted loss per share from continuing operations was CNY 0.0214 compared to diluted earnings per share from continuing operations of CNY 0.2608 a year ago.