Hoyuan Green Energy Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 3,512.72 million compared to CNY 5,674.23 million a year ago. Revenue was CNY 3,512.72 million compared to CNY 5,674.23 million a year ago.

Net income was CNY 676.84 million compared to CNY 654.83 million a year ago. Basic earnings per share from continuing operations was CNY 1.1872 compared to CNY 1.2244 a year ago. Diluted earnings per share from continuing operations was CNY 1.1822 compared to CNY 1.2101 a year ago.