Jiangsu Newamstar Packaging Machinery Co.,Ltd reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 757.12 million compared to CNY 704.59 million a year ago. Revenue was CNY 763.39 million compared to CNY 710.15 million a year ago.

Net income was CNY 34.15 million compared to CNY 58.28 million a year ago. Basic earnings per share from continuing operations was CNY 0.12 compared to CNY 0.2 a year ago. Diluted earnings per share from continuing operations was CNY 0.12 compared to CNY 0.2 a year ago.