Changqing Machinery Company Limited reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 787.56 million compared to CNY 735.86 million a year ago. Revenue was CNY 787.56 million compared to CNY 735.86 million a year ago.

Net income was CNY 53.03 million compared to CNY 8.79 million a year ago. Basic earnings per share from continuing operations was CNY 0.26 compared to CNY 0.04 a year ago.