XGD Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 1,013.07 million compared to CNY 1,015.77 million a year ago. Revenue was CNY 1,013.07 million compared to CNY 1,015.77 million a year ago.

Net income was CNY 132.67 million compared to CNY 91.2 million a year ago. Basic earnings per share from continuing operations was CNY 0.26 compared to CNY 0.19 a year ago. Diluted earnings per share from continuing operations was CNY 0.26 compared to CNY 0.19 a year ago.