Shanghai Zhongzhou Special Alloy Materials Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 222.77 million compared to CNY 155.89 million a year ago. Revenue was CNY 222.77 million compared to CNY 155.89 million a year ago.

Net income was CNY 21.02 million compared to CNY 12.41 million a year ago. Basic earnings per share from continuing operations was CNY 0.0933 compared to CNY 0.0533 a year ago. Diluted earnings per share from continuing operations was CNY 0.0933 compared to CNY 0.0533 a year ago.