Ningxia Western Venture Industrial Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 377.69 million compared to CNY 417.7 million a year ago. Revenue was CNY 377.69 million compared to CNY 417.7 million a year ago.

Net income was CNY 79.34 million compared to CNY 70.94 million a year ago. Basic earnings per share from continuing operations was CNY 0.0544 compared to CNY 0.0486 a year ago. Diluted earnings per share from continuing operations was CNY 0.0544 compared to CNY 0.0486 a year ago.