Wedge Industrial Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 281.48 million compared to CNY 136.37 million a year ago. Revenue was CNY 281.48 million compared to CNY 136.37 million a year ago.

Net income was CNY 58.51 million compared to CNY 32.66 million a year ago. Basic earnings per share from continuing operations was CNY 0.1169 compared to CNY 0.0654 a year ago. Diluted earnings per share from continuing operations was CNY 0.1156 compared to CNY 0.0644 a year ago.