Jiangxi Hungpai New Material Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 319.67 million compared to CNY 484 million a year ago. Revenue was CNY 319.67 million compared to CNY 484 million a year ago.

Net income was CNY 4.11 million compared to CNY 120.27 million a year ago. Basic earnings per share from continuing operations was CNY 0.0071 compared to CNY 0.2 a year ago. Diluted earnings per share from continuing operations was CNY 0.0071 compared to CNY 0.2 a year ago.