Fujian Superpipe Co., Ltd. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 391.37 million compared to CNY 660.04 million a year ago. Revenue was CNY 506.78 million compared to CNY 678.36 million a year ago.

Net loss was CNY 307.76 million compared to CNY 109.33 million a year ago. Basic loss per share from continuing operations was CNY 0.2983 compared to CNY 0.106 a year ago. Diluted loss per share from continuing operations was CNY 0.2983 compared to CNY 0.106 a year ago.