Shanghai Yuxiao Rare Earth Co.,Ltd reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 5.49 million compared to CNY 13.63 million a year ago. Revenue was CNY 5.79 million compared to CNY 15.83 million a year ago.

Net income was CNY 5.41 million compared to net loss of CNY 75.82 million a year ago. Basic earnings per share was CNY 0.0065 compared to basic loss per share of CNY 0.09 a year ago. Diluted earnings per share was CNY 0.0065 compared to diluted loss per share of CNY 0.09 a year ago.