Tianjin You Fa Steel Pipe Group Stock Co., Ltd. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 61,922.56 million compared to CNY 62,865.04 million a year ago. Revenue was CNY 67,360.35 million compared to CNY 66,866.02 million a year ago.

Net income was CNY 297.03 million compared to CNY 614.14 million a year ago. Basic earnings per share from continuing operations was CNY 0.21 compared to CNY 0.43 a year ago. Diluted earnings per share from continuing operations was CNY 0.21 compared to CNY 0.43 a year ago.