Landai Technology Group Corp., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 604.32 million compared to CNY 765.03 million a year ago. Revenue was CNY 604.32 million compared to CNY 765.03 million a year ago.

Net income was CNY 31.07 million compared to CNY 50.33 million a year ago. Basic earnings per share from continuing operations was CNY 0.0497 compared to CNY 0.0875 a year ago. Diluted earnings per share from continuing operations was CNY 0.0494 compared to CNY 0.087 a year ago.