Advanced Fiber Resources (Zhuhai), Ltd. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 623.24 million compared to CNY 651.87 million a year ago. Revenue was CNY 642.44 million compared to CNY 667.8 million a year ago.

Net income was CNY 117.8 million compared to CNY 130.81 million a year ago. Basic earnings per share from continuing operations was CNY 0.4809 compared to CNY 0.5349 a year ago. Diluted earnings per share from continuing operations was CNY 0.4787 compared to CNY 0.5337 a year ago.