Sobute New Materials Co., Ltd reported earnings results for the nine months ended September 30, 2022. For the nine months, the company reported sales was CNY 2,714.53 million compared to CNY 3,232.48 million a year ago. Revenue was CNY 2,714.53 million compared to CNY 3,232.48 million a year ago.

Net income was CNY 235.5 million compared to CNY 366.84 million a year ago. Basic earnings per share from continuing operations was CNY 0.56 compared to CNY 0.87 a year ago. Diluted earnings per share from continuing operations was CNY 0.52 compared to CNY 0.87 a year ago.