Jiangsu Phoenix Property Investment Company Limited reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 215.75 million compared to CNY 485.67 million a year ago. Revenue was CNY 215.75 million compared to CNY 485.67 million a year ago.

Net income was CNY 40.68 million compared to CNY 66.39 million a year ago. Basic earnings per share from continuing operations was CNY 0.0435 compared to CNY 0.0709 a year ago. Diluted earnings per share from continuing operations was CNY 0.0435 compared to CNY 0.0709 a year ago.