Huayi Electric Company Limited reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 296.5 million compared to CNY 368.36 million a year ago. Revenue was CNY 296.5 million compared to CNY 368.36 million a year ago.

Net loss was CNY 485.33 million compared to CNY 835.91 million a year ago. Basic loss per share from continuing operations was CNY 0.6387 compared to CNY 1.1 a year ago. Diluted loss per share from continuing operations was CNY 0.6387 compared to CNY 1.1 a year ago.