Allwin Telecommunication Co., Ltd. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 186.66 million compared to CNY 557.82 million a year ago. Revenue was CNY 190.62 million compared to CNY 561.39 million a year ago.

Net loss was CNY 53.18 million compared to net income of CNY 23.33 million a year ago. Basic loss per share from continuing operations was CNY 0.1533 compared to basic earnings per share from continuing operations of CNY 0.0666 a year ago. Diluted loss per share from continuing operations was CNY 0.1533 compared to diluted earnings per share from continuing operations of CNY 0.0666 a year ago.