Ningbo Marine Company Limited reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 445.08 million compared to CNY 466.73 million a year ago. Revenue was CNY 445.08 million compared to CNY 466.73 million a year ago.

Net income was CNY 4.06 million compared to CNY 31.7 million a year ago. Basic earnings per share from continuing operations was CNY 0.0034 compared to CNY 0.0263 a year ago. Diluted earnings per share from continuing operations was CNY 0.0034 compared to CNY 0.0263 a year ago.