Zhejiang Renzhi Co., Ltd. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 167.96 million compared to CNY 123.25 million a year ago. Revenue was CNY 168.53 million compared to CNY 125.99 million a year ago.

Net income was CNY 14.07 million compared to net loss of CNY 26.41 million a year ago. Basic earnings per share from continuing operations was CNY 0.034 compared to basic loss per share from continuing operations of CNY 0.064 a year ago. Diluted earnings per share from continuing operations was CNY 0.034 compared to diluted loss per share from continuing operations of CNY 0.064 a year ago.