Gaona Aero Material Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 620.97 million compared to CNY 522.35 million a year ago. Revenue was CNY 620.97 million compared to CNY 522.35 million a year ago.

Net income was CNY 60.07 million compared to CNY 61.38 million a year ago. Basic earnings per share from continuing operations was CNY 0.0768 compared to CNY 0.0804 a year ago.