Mudanjiang Hengfeng Paper Co.,Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 633.86 million compared to CNY 546.53 million a year ago. Net income was CNY 25.13 million compared to CNY 22.63 million a year ago.

Basic earnings per share from continuing operations was CNY 0.08 compared to CNY 0.07 a year ago.