MHUA - Meihua GAAP EPS of $0.27 revenue of $103.3M

2023-04-14 13:35:25 ET

• Meihua press release ( NASDAQ: MHUA ): FY GAAP EPS of $0.27.
• Revenue of $103.3M (-0.7% Y/Y).
• Gross profit was approximately $38.1 million for the year ended December 31, 2022, compared with approximately $39.8 million for the year ended December 31, 2021.
• Gross margin decreased slightly to 37% for the year ended December 31, 2022, from 38% for the year ended December 31, 2021.
• Income from operations was approximately $10.8 million for the year ended December 31, 2022, compared to approximately $26.3 million for the year ended December 31, 2021.
• Net income attributable to shareholders was approximately $6.2 million for the year ended December 31, 2022, compared to approximately $20.9 million for the year ended December 31, 2021.

For further details see: