Shanxi Huaxiang Group Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 761.36 million compared to CNY 885.6 million a year ago. Revenue was CNY 761.36 million compared to CNY 885.6 million a year ago.

Net income was CNY 76.57 million compared to CNY 100.25 million a year ago. Basic earnings per share from continuing operations was CNY 0.18 compared to CNY 0.23 a year ago. Diluted earnings per share from continuing operations was CNY 0.18 compared to CNY 0.22 a year ago.