Hangzhou Greenda Electronic Materials Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 161.38 million compared to CNY 241.68 million a year ago. Revenue was CNY 161.38 million compared to CNY 241.68 million a year ago.

Net income was CNY 27.88 million compared to CNY 39.47 million a year ago. Basic earnings per share from continuing operations was CNY 0.14 compared to CNY 0.2 a year ago.