Hengtong Logistics Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 883.92 million compared to CNY 1,189.86 million a year ago. Revenue was CNY 883.92 million compared to CNY 1,189.86 million a year ago.

Net income was CNY 28.5 million compared to CNY 10 million a year ago. Basic earnings per share from continuing operations was CNY 0.0429 compared to CNY 0.0214 a year ago. Diluted earnings per share from continuing operations was CNY 0.0429 compared to CNY 0.0214 a year ago.