Hangzhou Huaguang Advanced Welding Materials Co.,Ltd. reported earnings results for the nine months ended September 30, 2023. For the nine months, the company reported sales was CNY 1,051.1 million compared to CNY 880.28 million a year ago. Revenue was CNY 1,051.1 million compared to CNY 880.28 million a year ago.

Net income was CNY 37.36 million compared to net loss of CNY 13.01 million a year ago. Basic earnings per share from continuing operations was CNY 0.43 compared to basic loss per share from continuing operations of CNY 0.15 a year ago. Diluted earnings per share from continuing operations was CNY 0.43 compared to diluted loss per share from continuing operations of CNY 0.15 a year ago.