Shanghai Hongda New Material Co., Ltd. reported earnings results for the nine months ended September 30, 2022. For the nine months, the company reported sales was CNY 285.21 million compared to CNY 406.22 million a year ago. Revenue was CNY 285.21 million compared to CNY 406.22 million a year ago.

Net loss was CNY 24.16 million compared to CNY 204.53 million a year ago. Basic loss per share from continuing operations was CNY 0.0559 compared to CNY 0.4729 a year ago. Diluted loss per share from continuing operations was CNY 0.0559 compared to CNY 0.4729 a year ago.