Zhejiang Xinao Textiles Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 977.66 million compared to CNY 893.32 million a year ago. Revenue was CNY 977.66 million compared to CNY 893.32 million a year ago.

Net income was CNY 90.11 million compared to CNY 74.34 million a year ago. Basic earnings per share from continuing operations was CNY 0.1286 compared to CNY 0.1071 a year ago. Diluted earnings per share from continuing operations was CNY 0.1286 compared to CNY 0.1071 a year ago.