Valiant Co.,Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 1,032.78 million compared to CNY 1,370.89 million a year ago. Revenue was CNY 1,032.78 million compared to CNY 1,370.89 million a year ago.

Net income was CNY 176.56 million compared to CNY 232.78 million a year ago. Basic earnings per share from continuing operations was CNY 0.19 compared to CNY 0.25 a year ago. Diluted earnings per share from continuing operations was CNY 0.19 compared to CNY 0.25 a year ago.