Jiangsu Lanfeng Bio-chemical Co.,Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 381.71 million compared to CNY 438.93 million a year ago. Revenue was CNY 381.71 million compared to CNY 438.93 million a year ago.

Net loss was CNY 14.73 million compared to net income of CNY 0.881027 million a year ago. Basic loss per share from continuing operations was CNY 0.0433 compared to basic earnings per share from continuing operations of CNY 0.0026 a year ago. Diluted loss per share from continuing operations was CNY 0.0433 compared to diluted earnings per share from continuing operations of CNY 0.0026 a year ago.