Suzhou Yangtze New Materials Co., Ltd. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 460.03 million compared to CNY 612.25 million a year ago. Revenue was CNY 483.9 million compared to CNY 656.66 million a year ago.

Net loss was CNY 36.21 million compared to CNY 55.98 million a year ago. Basic loss per share from continuing operations was CNY 0.07 compared to CNY 0.11 a year ago. Diluted loss per share from continuing operations was CNY 0.07 compared to CNY 0.11 a year ago.