Suzhou Shihua New Material Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 81.51 million compared to CNY 80.77 million a year ago. Revenue was CNY 81.51 million compared to CNY 80.77 million a year ago.

Net income was CNY 30.05 million compared to CNY 28.49 million a year ago. Basic earnings per share from continuing operations was CNY 0.12 compared to CNY 0.12 a year ago. Diluted earnings per share from continuing operations was CNY 0.12 compared to CNY 0.12 a year ago.