Shanghai Shibei Hi-Tech Co.,Ltd. reported earnings results for the nine months ended September 30, 2022. For the nine months, the company reported sales was CNY 943.15 million compared to CNY 518.61 million a year ago. Net income was CNY 3.6 million compared to net loss of CNY 117.7 million a year ago.

Basic earnings per share from continuing operations was CNY 0.0019 compared to basic loss per share from continuing operations of CNY 0.0628 a year ago. Diluted earnings per share from continuing operations was CNY 0.0019 compared to diluted loss per share from continuing operations of CNY 0.0628 a year ago.