Xinzhi Group Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 987.22 million compared to CNY 828.4 million a year ago. Revenue was CNY 987.22 million compared to CNY 828.4 million a year ago.

Net income was CNY 39.66 million compared to CNY 31.87 million a year ago. Basic earnings per share from continuing operations was CNY 0.0982 compared to CNY 0.0789 a year ago. Diluted earnings per share from continuing operations was CNY 0.0982 compared to CNY 0.0789 a year ago.