Nanxing Machinery Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 940.07 million compared to CNY 684.77 million a year ago. Revenue was CNY 940.07 million compared to CNY 684.77 million a year ago.

Net income was CNY 81.79 million compared to CNY 77.51 million a year ago. Basic earnings per share from continuing operations was CNY 0.2768 compared to CNY 0.2623 a year ago. Diluted earnings per share from continuing operations was CNY 0.2768 compared to CNY 0.2623 a year ago.