Hongbaoli Group Corporation, Ltd. reported earnings results for the nine months ended September 30, 2022. For the nine months, the company reported sales was CNY 1,891.95 million compared to CNY 2,602.08 million a year ago. Revenue was CNY 1,891.95 million compared to CNY 2,602.08 million a year ago.

Net loss was CNY 3.12 million compared to net income of CNY 42.69 million a year ago. Basic loss per share from continuing operations was CNY 0.0042 compared to basic earnings per share from continuing operations of CNY 0.07 a year ago. Diluted loss per share from continuing operations was CNY 0.0042 compared to diluted earnings per share from continuing operations of CNY 0.07 a year ago.