Shanghai Hi-Road Food Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 240.2 million compared to CNY 214.96 million a year ago. Revenue was CNY 240.2 million compared to CNY 214.96 million a year ago.

Net income was CNY 23.51 million compared to CNY 32.21 million a year ago. Basic earnings per share from continuing operations was CNY 0.2612 compared to CNY 0.3579 a year ago. Diluted earnings per share from continuing operations was CNY 0.2612 compared to CNY 0.3579 a year ago.