Wetouch Technology Inc. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was USD 37.92 million compared to USD 40.79 million a year ago. Revenue was USD 37.92 million compared to USD 40.79 million a year ago.

Net income was USD 8.73 million compared to USD 17.39 million a year ago. Basic earnings per share from continuing operations was USD 5.4 compared to USD 11 a year ago. Diluted earnings per share from continuing operations was USD 5.4 compared to USD 11 a year ago.