Toly Bread Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 1,476.03 million compared to CNY 1,451.99 million a year ago. Net income was CNY 138.74 million compared to CNY 157.94 million a year ago.

Basic earnings per share from continuing operations was CNY 0.0868 compared to CNY 0.0988 a year ago.