Ningbo Zhongbai Co., Ltd. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 900.72 million compared to CNY 827.47 million a year ago. Revenue was CNY 907.09 million compared to CNY 833.99 million a year ago.

Net income was CNY 362.17 million compared to CNY 35.86 million a year ago. Basic earnings per share from continuing operations was CNY 1.61 compared to CNY 0.16 a year ago. Diluted earnings per share from continuing operations was CNY 1.61 compared to CNY 0.16 a year ago.