Jiangsu Tongli Risheng Machinery Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 409.9 million compared to CNY 455.32 million a year ago. Revenue was CNY 409.9 million compared to CNY 455.32 million a year ago.

Net income was CNY 17.21 million compared to CNY 22.98 million a year ago. Basic earnings per share from continuing operations was CNY 0.1 compared to CNY 0.14 a year ago. Diluted earnings per share from continuing operations was CNY 0.1 compared to CNY 0.14 a year ago.