Tongyu Communication Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 243.13 million compared to CNY 404.15 million a year ago. Revenue was CNY 243.13 million compared to CNY 404.15 million a year ago.

Net income was CNY 34.3 million compared to CNY 20.07 million a year ago. Basic earnings per share from continuing operations was CNY 0.0853 compared to CNY 0.0499 a year ago. Diluted earnings per share from continuing operations was CNY 0.0853 compared to CNY 0.0499 a year ago.