Ninestar Corporation reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 6,519.3 million compared to CNY 5,834.04 million a year ago. Revenue was CNY 6,519.3 million compared to CNY 5,834.04 million a year ago.

Net income was CNY 211.59 million compared to CNY 440.93 million a year ago. Basic earnings per share from continuing operations was CNY 0.1494 compared to CNY 0.3125 a year ago. Diluted earnings per share from continuing operations was CNY 0.1488 compared to CNY 0.3113 a year ago.