Kuangda Technology Group Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 314.51 million compared to CNY 433.3 million a year ago. Revenue was CNY 314.51 million compared to CNY 433.3 million a year ago.

Net income was CNY 33.14 million compared to CNY 52.24 million a year ago. Basic earnings per share from continuing operations was CNY 0.0225 compared to CNY 0.0355 a year ago. Diluted earnings per share from continuing operations was CNY 0.0225 compared to CNY 0.0355 a year ago.