Jiangxi Chenguang New Materials Company Limited reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 283.24 million compared to CNY 532.1 million a year ago. Revenue was CNY 283.24 million compared to CNY 532.1 million a year ago.

Net income was CNY 40.68 million compared to CNY 190.03 million a year ago. Basic earnings per share from continuing operations was CNY 0.1308 compared to CNY 0.6077 a year ago. Diluted earnings per share from continuing operations was CNY 0.1308 compared to CNY 0.6077 a year ago.