Bairong Inc. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 2,054.18 million compared to CNY 1,623.46 million a year ago. Net income was CNY 239.66 million compared to net loss of CNY 3,603.02 million a year ago.

Basic earnings per share from continuing operations was CNY 0.5 compared to basic loss per share from continuing operations of CNY 9.16 a year ago. Diluted earnings per share from continuing operations was CNY 0.47 compared to diluted loss per share from continuing operations of CNY 9.16 a year ago.