Shengtak New Material Co., Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 304.72 million compared to CNY 263.89 million a year ago. Revenue was CNY 304.72 million compared to CNY 263.89 million a year ago.

Net income was CNY 20.12 million compared to CNY 13.09 million a year ago. Basic earnings per share from continuing operations was CNY 0.1818 compared to CNY 0.1182 a year ago. Diluted earnings per share from continuing operations was CNY 0.1818 compared to CNY 0.1182 a year ago.