Shanghai Cooltech Power Co., Ltd. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 763.21 million compared to CNY 867.38 million a year ago. Revenue was CNY 875.2 million compared to CNY 952.95 million a year ago.

Net income was CNY 28.1 million compared to CNY 8.44 million a year ago. Basic earnings per share from continuing operations was CNY 0.0878 compared to CNY 0.0264 a year ago. Diluted earnings per share from continuing operations was CNY 0.0878 compared to CNY 0.0264 a year ago.