Jiangsu King's Luck Brewery Joint-Stock Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 3,802.06 million compared to CNY 2,987.58 million a year ago. Revenue was CNY 3,802.93 million compared to CNY 2,988.32 million a year ago.

Net income was CNY 1,255.03 million compared to CNY 1,002.39 million a year ago. Basic earnings per share from continuing operations was CNY 1.0066 compared to CNY 0.804 a year ago. Diluted earnings per share from continuing operations was CNY 1.0066 compared to CNY 0.804 a year ago.