Guangxi Nanning Waterworks Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 504.58 million compared to CNY 509.51 million a year ago. Revenue was CNY 504.58 million compared to CNY 509.51 million a year ago.

Net income was CNY 30.64 million compared to CNY 79.11 million a year ago. Basic earnings per share from continuing operations was CNY 0.0347 compared to CNY 0.0896 a year ago.