Shandong Donghong Pipe Industry Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 641.66 million compared to CNY 508.92 million a year ago. Net income was CNY 47.94 million compared to CNY 43.29 million a year ago.

Basic earnings per share from continuing operations was CNY 0.19 compared to CNY 0.17 a year ago.