Hangzhou Gaoxin Rubber & Plastic Materials Co., Ltd. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 363.31 million compared to CNY 386.46 million a year ago. Revenue was CNY 367.81 million compared to CNY 387.13 million a year ago.

Net loss was CNY 21.65 million compared to net income of CNY 14.81 million a year ago. Basic loss per share from continuing operations was CNY 0.1709 compared to basic earnings per share from continuing operations of CNY 0.12 a year ago. Diluted loss per share from continuing operations was CNY 0.1709 compared to diluted earnings per share from continuing operations of CNY 0.12 a year ago.