Shanghai Karon Eco-Valve Manufacturing Co., Ltd. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 932.69 million compared to CNY 1,046.35 million a year ago. Revenue was CNY 933.34 million compared to CNY 1,046.85 million a year ago.

Net income was CNY 101.81 million compared to CNY 192.31 million a year ago. Basic earnings per share from continuing operations was CNY 0.6625 compared to CNY 1.5303 a year ago. Diluted earnings per share from continuing operations was CNY 0.6625 compared to CNY 1.5303 a year ago.