Jiangsu Shemar Electric Co.,Ltd reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 732.15 million compared to CNY 723.69 million a year ago. Revenue was CNY 737.4 million compared to CNY 731.17 million a year ago.

Net income was CNY 49.13 million compared to CNY 100.57 million a year ago. Basic earnings per share from continuing operations was CNY 0.11 compared to CNY 0.24 a year ago. Diluted earnings per share from continuing operations was CNY 0.11 compared to CNY 0.24 a year ago.