Zhongnongfa Seed Industry Group Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 1,216.82 million compared to CNY 969.33 million a year ago. Revenue was CNY 1,216.82 million compared to CNY 969.33 million a year ago.

Net income was CNY 39.11 million compared to CNY 18.99 million a year ago. Basic earnings per share from continuing operations was CNY 0.0361 compared to CNY 0.0176 a year ago. Diluted earnings per share from continuing operations was CNY 0.0361 compared to CNY 0.0176 a year ago.