Kingfa Sci. & Tech. Co., Ltd. reported earnings results for the first quarter ended March 31, 2023.

For the first quarter, the company reported sales was CNY 9,683.23 million compared to CNY 9,457.24 million a year ago. Revenue was CNY 9,683.23 million compared to CNY 9,457.24 million a year ago. Net income was CNY 298.63 million compared to CNY 421.04 million a year ago.

Basic earnings per share from continuing operations was CNY 0.1124 compared to CNY 0.1636 a year ago. Diluted earnings per share from continuing operations was CNY 0.1124 compared to CNY 0.1636 a year ago.