Ningbo Changhong Polymer Scientific and Technical Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 375.49 million compared to CNY 803.58 million a year ago. Revenue was CNY 375.49 million compared to CNY 803.58 million a year ago.

Net income was CNY 76.55 million compared to CNY 86.54 million a year ago. Basic earnings per share from continuing operations was CNY 0.12 compared to CNY 0.13 a year ago. Diluted earnings per share from continuing operations was CNY 0.12 compared to CNY 0.13 a year ago.