Shanghai Weihong Electronic Technology Co., Ltd. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 386.82 million compared to CNY 412.68 million a year ago. Revenue was CNY 387.52 million compared to CNY 413.49 million a year ago.

Net income was CNY 50.6 million compared to CNY 59.11 million a year ago. Basic earnings per share from continuing operations was CNY 0.4638 compared to CNY 0.5418 a year ago. Diluted earnings per share from continuing operations was CNY 0.4638 compared to CNY 0.5418 a year ago.