AA Industrial Belting (Shanghai) Co.,Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 31.92 million compared to CNY 37.3 million a year ago. Revenue was CNY 31.92 million compared to CNY 37.3 million a year ago.

Net income was CNY 0.476375 million compared to net loss of CNY 0.294838 million a year ago. Basic earnings per share from continuing operations was CNY 0.0036 compared to basic loss per share from continuing operations of CNY 0.0023 a year ago. Diluted earnings per share from continuing operations was CNY 0.0036 compared to diluted loss per share from continuing operations of CNY 0.0023 a year ago.