Tianjin You Fa Steel Pipe Group Stock Co., Ltd. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was CNY 55,421.56 million compared to CNY 61,922.56 million a year ago. Revenue was CNY 60,918.22 million compared to CNY 67,360.35 million a year ago.

Net income was CNY 569.87 million compared to CNY 297.03 million a year ago. Basic earnings per share from continuing operations was CNY 0.4 compared to CNY 0.21 a year ago. Diluted earnings per share from continuing operations was CNY 0.4 compared to CNY 0.21 a year ago.