Shiyan Taixiang Industry Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 28.52 million compared to CNY 37.26 million a year ago. Revenue was CNY 28.52 million compared to CNY 37.26 million a year ago.

Net income was CNY 10.66 million compared to CNY 13.49 million a year ago. Basic earnings per share from continuing operations was CNY 0.1067 compared to CNY 0.135 a year ago. Diluted earnings per share from continuing operations was CNY 0.1067 compared to CNY 0.135 a year ago.