According to the Zhitong Finance App, Guangtai International Holdings (00844) announced its results for the year ending December 31, 2022. The group's revenue was RMB 469 million (same unit below), an increase of 8.83% over the previous year; the annual loss was 156,000 yuan, a year-on-year decrease of 98.91%; and a loss of 0.03 points per share.

The announcement said that looking back over the year, with the easing of the epidemic in many countries around the world, the business environment driven by the global economy improved. The Group's review of the recovery in overall order volume during the year, plus a slight decline in labor costs, all helped improve the Group's profitability.