Qingdao Tianneng Heavy Industries Co.,Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 508.47 million compared to CNY 435.21 million a year ago. Revenue was CNY 508.47 million compared to CNY 435.21 million a year ago.

Net income was CNY 53.99 million compared to CNY 26.42 million a year ago. Basic earnings per share from continuing operations was CNY 0.0667 compared to CNY 0.033 a year ago. Diluted earnings per share from continuing operations was CNY 0.0667 compared to CNY 0.0329 a year ago.