Jiangsu HSC New Energy Materials Co.,LTD. reported earnings results for the first quarter ended March 30, 2023. For the first quarter, the company reported sales was CNY 113.22 million compared to CNY 351.84 million a year ago. Revenue was CNY 113.22 million compared to CNY 351.84 million a year ago.

Net income was CNY 11.01 million compared to CNY 153.15 million a year ago. Basic earnings per share from continuing operations was CNY 0.069 compared to CNY 1.2897 a year ago. Diluted earnings per share from continuing operations was CNY 0.069 compared to CNY 1.2897 a year ago.