Suzhou Electrical Apparatus Science Academy Co., Ltd. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 642.42 million compared to CNY 851.83 million a year ago. Revenue was CNY 653.17 million compared to CNY 862.61 million a year ago.

Net income was CNY 33.12 million compared to CNY 192.69 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.26 a year ago. Diluted earnings per share from continuing operations was CNY 0.04 compared to CNY 0.26 a year ago.