Innovation New Material Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 16,495.57 million compared to CNY 15,897.3 million a year ago. Revenue was CNY 16,495.57 million compared to CNY 15,897.3 million a year ago.

Net income was CNY 265.79 million compared to CNY 386.97 million a year ago. Basic earnings per share from continuing operations was CNY 0.0664. Diluted earnings per share from continuing operations was CNY 0.0664.