According to the Zhitong Finance App, Naquan Energy Technology (01597) disclosed the 2022 annual results announcement. The group realized annual revenue of 220 million yuan (RMB, same below), down 29.70% from the previous year. Gross profit was 27.555 million yuan, down 39.93% year on year. The company's equity shareholders should account for a profit of 5.374 million yuan, a year-on-year decrease of 74.49%. Basic profit of 0.021 yuan per share.

During the reporting period, the group's total revenue fell 29.70% year on year, mainly due to the adverse impact of the 2022 epidemic on logistics, supply chain, market development and business exchanges, and fewer orders for propeller control system business and operation and maintenance business, which led to a decrease in overall business revenue.