ValueHD Corporation reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 100.99 million compared to CNY 128.05 million a year ago. Revenue was CNY 100.99 million compared to CNY 128.05 million a year ago.

Net income was CNY 20.05 million compared to CNY 30.04 million a year ago. Basic earnings per share from continuing operations was CNY 0.1933 compared to CNY 0.3867 a year ago. Diluted earnings per share from continuing operations was CNY 0.1933 compared to CNY 0.3867 a year ago.