Hangzhou Zhongya Machinery Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 233.16 million compared to CNY 215.89 million a year ago. Revenue was CNY 233.16 million compared to CNY 215.89 million a year ago.

Net income was CNY 31.84 million compared to CNY 30.51 million a year ago. Basic earnings per share from continuing operations was CNY 0.0786 compared to CNY 0.0753 a year ago. Diluted earnings per share from continuing operations was CNY 0.0774 compared to CNY 0.0741 a year ago.