Joyoung Co.,Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 1,892.19 million compared to CNY 2,328.53 million a year ago. Revenue was CNY 1,892.19 million compared to CNY 2,328.53 million a year ago.

Net income was CNY 121.39 million compared to CNY 166.24 million a year ago. Basic earnings per share from continuing operations was CNY 0.16 compared to CNY 0.22 a year ago. Diluted earnings per share from continuing operations was CNY 0.16 compared to CNY 0.22 a year ago.