Tederic Machinery Co., LTD reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 289.71 million compared to CNY 257.8 million a year ago. Revenue was CNY 289.71 million compared to CNY 257.8 million a year ago.

Net income was CNY 33.76 million compared to CNY 28.29 million a year ago. Basic earnings per share from continuing operations was CNY 0.12. Diluted earnings per share from continuing operations was CNY 0.12.