Essence Fastening Systems (Shanghai) Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 389.89 million compared to CNY 340.93 million a year ago. Revenue was CNY 393.97 million compared to CNY 344.65 million a year ago.

Net income was CNY 75.86 million compared to CNY 81.27 million a year ago. Basic earnings per share from continuing operations was CNY 0.8444 compared to CNY 1.0556 a year ago. Diluted earnings per share from continuing operations was CNY 0.8444 compared to CNY 1.0556 a year ago.