Shandong Head Group Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 375.01 million compared to CNY 391.85 million a year ago. Revenue was CNY 375.01 million compared to CNY 391.85 million a year ago.

Net income was CNY 72.8 million compared to CNY 96.33 million a year ago. Basic earnings per share from continuing operations was CNY 0.2131 compared to CNY 0.2822 a year ago. Diluted earnings per share from continuing operations was CNY 0.2126 compared to CNY 0.2812 a year ago.