Keda Industrial Group Co., Ltd. reported earnings results for the first quarter ended March 30, 2023. For the first quarter, the company reported sales was CNY 2,491.13 million compared to CNY 2,542.54 million a year ago. Revenue was CNY 2,491.13 million compared to CNY 2,542.54 million a year ago.

Net income was CNY 402.41 million compared to CNY 901.31 million a year ago. Basic earnings per share from continuing operations was CNY 0.21 compared to CNY 0.477 a year ago. Diluted earnings per share from continuing operations was CNY 0.21 compared to CNY 0.477 a year ago.