Zhejiang Changsheng Sliding Bearings Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 258.34 million compared to CNY 260.3 million a year ago. Revenue was CNY 258.34 million compared to CNY 260.3 million a year ago.

Net income was CNY 51.57 million compared to CNY 30.25 million a year ago. Basic earnings per share from continuing operations was CNY 0.17 compared to CNY 0.1 a year ago. Diluted earnings per share from continuing operations was CNY 0.17 compared to CNY 0.1 a year ago.