ShangHai Huahong Jitong Smart System Co., Ltd. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 300.1 million compared to CNY 369.26 million a year ago. Revenue was CNY 303.09 million compared to CNY 371.7 million a year ago.

Net loss was CNY 19.77 million compared to net income of CNY 10.21 million a year ago. Basic loss per share from continuing operations was CNY 0.1177 compared to basic earnings per share from continuing operations of CNY 0.0608 a year ago. Diluted loss per share from continuing operations was CNY 0.1177 compared to diluted earnings per share from continuing operations of CNY 0.0608 a year ago.