Ningbo Orient Wires & Cables Co.,Ltd. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 7,005.03 million compared to CNY 7,923.39 million a year ago. Revenue was CNY 7,008.93 million compared to CNY 7,932.21 million a year ago.

Net income was CNY 842.35 million compared to CNY 1,188.83 million a year ago. Basic earnings per share from continuing operations was CNY 1.22 compared to CNY 1.81 a year ago. Diluted earnings per share from continuing operations was CNY 1.22 compared to CNY 1.81 a year ago.