Ningbo Huaxiang Electronic Co., Ltd. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 18,844.78 million compared to CNY 16,809.23 million a year ago. Revenue was CNY 19,626.12 million compared to CNY 17,587.82 million a year ago.

Net income was CNY 1,007.14 million compared to CNY 1,265.69 million a year ago. Basic earnings per share from continuing operations was CNY 1.24 compared to CNY 2.02 a year ago. Diluted earnings per share from continuing operations was CNY 1.24 compared to CNY 2.02 a year ago.