Sinofibers Technology Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 206.62 million compared to CNY 172.78 million a year ago. Revenue was CNY 206.62 million compared to CNY 172.78 million a year ago.

Net income was CNY 148.4 million compared to CNY 90.66 million a year ago. Basic earnings per share from continuing operations was CNY 0.34 compared to CNY 0.2062 a year ago. Diluted earnings per share from continuing operations was CNY 0.3252 compared to CNY 0.2062 a year ago.