Shandong Longquan Pipe Industry Co.,Ltd reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was CNY 1,094.01 million compared to CNY 972.3 million a year ago. Revenue was CNY 1,107.54 million compared to CNY 996.5 million a year ago.

Net income was CNY 27.78 million compared to net loss of CNY 640.3 million a year ago. Basic earnings per share from continuing operations was CNY 0.05 compared to basic loss per share from continuing operations of CNY 1.15 a year ago. Diluted earnings per share from continuing operations was CNY 0.05.