Qingdao East Steel Tower Stock Co.Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 787.35 million compared to CNY 959.88 million a year ago. Revenue was CNY 787.35 million compared to CNY 959.88 million a year ago.

Net income was CNY 169.4 million compared to CNY 201.12 million a year ago. Basic earnings per share from continuing operations was CNY 0.1362 compared to CNY 0.1617 a year ago. Diluted earnings per share from continuing operations was CNY 0.1362 compared to CNY 0.1617 a year ago.