Zhejiang Hongchang Electrical Technology Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 759.79 million compared to CNY 570.77 million a year ago. Revenue was CNY 767.82 million compared to CNY 577 million a year ago.

Net income was CNY 68.04 million compared to CNY 81.91 million a year ago. Basic earnings per share from continuing operations was CNY 0.975 compared to CNY 1.3667 a year ago. Diluted earnings per share from continuing operations was CNY 0.975 compared to CNY 1.3667 a year ago.