Shandong Swan CottonIndustrial Machinery Stock Co.,Ltd. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 622.77 million compared to CNY 490.77 million a year ago. Revenue was CNY 647.26 million compared to CNY 521.66 million a year ago.

Net income was CNY 57.39 million compared to CNY 36.14 million a year ago. Basic earnings per share from continuing operations was CNY 0.47 compared to CNY 0.3 a year ago. Diluted earnings per share from continuing operations was CNY 0.47 compared to CNY 0.3 a year ago.