Sanxiang Advanced Materials Co., Ltd. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 961.63 million compared to CNY 771.87 million a year ago. Revenue was CNY 972.31 million compared to CNY 789.21 million a year ago.

Net income was CNY 150.87 million compared to CNY 100.49 million a year ago. Basic earnings per share from continuing operations was CNY 0.3571 compared to CNY 0.2571 a year ago. Diluted earnings per share from continuing operations was CNY 0.3571 compared to CNY 0.2571 a year ago.