Shanghai Tunnel Engineering Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 11,441.93 million compared to CNY 10,659.17 million a year ago. Revenue was CNY 11,441.93 million compared to CNY 10,659.17 million a year ago.

Net income was CNY 448.72 million compared to CNY 296.72 million a year ago. Basic earnings per share from continuing operations was CNY 0.14 compared to CNY 0.09 a year ago. Diluted earnings per share from continuing operations was CNY 0.14 compared to CNY 0.09 a year ago.