Xinjiang Tianye Water Saving Irrigation System Company Limited reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 294.5 million compared to CNY 238.47 million a year ago. Revenue was CNY 301.59 million compared to CNY 256.29 million a year ago.

Net income was CNY 0.443 million compared to net loss of CNY 11.38 million a year ago. Basic earnings per share from continuing operations was CNY 0.0009 compared to basic loss per share from continuing operations of CNY 0.0222 a year ago. Diluted earnings per share from continuing operations was CNY 0.0009 compared to diluted loss per share from continuing operations of CNY 0.0222 a year ago.