Qinghai Huzhu TianYouDe Highland Barley Spirit Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 396.29 million compared to CNY 422.61 million a year ago. Revenue was CNY 396.29 million compared to CNY 422.61 million a year ago.

Net income was CNY 77.15 million compared to CNY 109.37 million a year ago. Basic earnings per share from continuing operations was CNY 0.1633 compared to CNY 0.2314 a year ago. Diluted earnings per share from continuing operations was CNY 0.1633 compared to CNY 0.2314 a year ago.