Sinotherapeutics Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 42.42 million compared to CNY 63.18 million a year ago. Revenue was CNY 42.42 million compared to CNY 63.18 million a year ago.

Net income was CNY 7.72 million compared to CNY 20.26 million a year ago. Basic earnings per share from continuing operations was CNY 0.02 compared to CNY 0.05 a year ago. Diluted earnings per share from continuing operations was CNY 0.02 compared to CNY 0.05 a year ago.