Zhejiang Dafeng Industry Co., Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 333.39 million compared to CNY 461.42 million a year ago. Net income was CNY 21.46 million compared to CNY 69.74 million a year ago.

Basic earnings per share from continuing operations was CNY 0.05 compared to CNY 0.17 a year ago.