Huarui Electrical Appliance Co.,Ltd. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 520.47 million compared to CNY 740.68 million a year ago. Revenue was CNY 668.86 million compared to CNY 983.01 million a year ago.

Net income was CNY 24.85 million compared to CNY 41.84 million a year ago. Basic earnings per share from continuing operations was CNY 0.14 compared to CNY 0.23 a year ago. Diluted earnings per share from continuing operations was CNY 0.14 compared to CNY 0.23 a year ago.