Hunan Valin Wire & Cable Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 817.66 million compared to CNY 704.45 million a year ago. Revenue was CNY 817.66 million compared to CNY 704.45 million a year ago.

Net income was CNY 18.53 million compared to CNY 29.13 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to CNY 0.05 a year ago. Diluted earnings per share from continuing operations was CNY 0.03 compared to CNY 0.05 a year ago.