Mubang High-Tech Co.,Ltd. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 849.07 million compared to CNY 316.03 million a year ago. Revenue was CNY 944.32 million compared to CNY 322.48 million a year ago.

Net loss was CNY 228.76 million compared to CNY 138.08 million a year ago. Basic loss per share from continuing operations was CNY 0.67 compared to CNY 0.42 a year ago. Diluted loss per share from continuing operations was CNY 0.67 compared to CNY 0.42 a year ago.