Shandong Ruyi Woolen Garment Group Co., Ltd. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 503.62 million compared to CNY 622.88 million a year ago. Revenue was CNY 592.33 million compared to CNY 689.75 million a year ago.

Net loss was CNY 154.3 million compared to net income of CNY 0.993776 million a year ago. Basic loss per share from continuing operations was CNY 0.5896 compared to basic earnings per share from continuing operations of CNY 0.0038 a year ago. Diluted loss per share from continuing operations was CNY 0.5896 compared to diluted earnings per share from continuing operations of CNY 0.0038 a year ago.