Qingdao Vland Biotech INC. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 232.56 million compared to CNY 255.96 million a year ago. Revenue was CNY 232.56 million compared to CNY 255.96 million a year ago.

Net income was CNY 10.56 million compared to CNY 18.08 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.07 a year ago. Diluted earnings per share from continuing operations was CNY 0.04 compared to CNY 0.07 a year ago.