Hangzhou Prevail Optoelectronic Equipment Co., Ltd. reported earnings results for the nine months ended September 30, 2022. For the nine months, the company reported sales was CNY 420.91 million compared to CNY 510.8 million a year ago. Revenue was CNY 420.91 million compared to CNY 510.8 million a year ago.

Net income was CNY 3.99 million compared to CNY 23.58 million a year ago. Basic earnings per share from continuing operations was CNY 0.0401 compared to CNY 0.237 a year ago. Diluted earnings per share from continuing operations was CNY 0.0401 compared to CNY 0.237 a year ago.