Zhejiang Tianzhen Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 177.28 million compared to CNY 898.99 million a year ago. Revenue was CNY 177.28 million compared to CNY 898.99 million a year ago.

Net income was CNY 47.69 million compared to CNY 84.93 million a year ago. Basic earnings per share from continuing operations was CNY 0.2222 compared to CNY 0.5222 a year ago. Diluted earnings per share from continuing operations was CNY 0.2222 compared to CNY 0.5222 a year ago.