NINGBO HENGSHUAI Co., LTD. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 183.4 million compared to CNY 163.7 million a year ago. Revenue was CNY 183.4 million compared to CNY 163.7 million a year ago.

Net income was CNY 40.85 million compared to CNY 31.79 million a year ago. Basic earnings per share from continuing operations was CNY 0.51 compared to CNY 0.4 a year ago. Diluted earnings per share from continuing operations was CNY 0.51 compared to CNY 0.4 a year ago.