Zhangjiagang Zhonghuan Hailu High-End Equipment Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 165.1 million compared to CNY 268.28 million a year ago. Revenue was CNY 165.1 million compared to CNY 268.28 million a year ago.

Net income was CNY 4.12 million compared to CNY 17.05 million a year ago. Basic earnings per share from continuing operations was CNY 0.0412 compared to CNY 0.1705 a year ago. Diluted earnings per share from continuing operations was CNY 0.0412 compared to CNY 0.1705 a year ago.