Friend Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 2,131.63 million compared to CNY 2,473.24 million a year ago. Revenue was CNY 2,131.63 million compared to CNY 2,473.24 million a year ago.

Net income was CNY 85.31 million compared to CNY 70.35 million a year ago. Basic earnings per share from continuing operations was CNY 0.17 compared to CNY 0.16 a year ago. Diluted earnings per share from continuing operations was CNY 0.17 compared to CNY 0.16 a year ago.