Zhongtong Bus Holding Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 693.89 million compared to CNY 862.58 million a year ago. Revenue was CNY 693.89 million compared to CNY 862.58 million a year ago.

Net income was CNY 20.67 million compared to net loss of CNY 35.29 million a year ago. Basic earnings per share from continuing operations was CNY 0.0349 compared to basic loss per share from continuing operations of CNY 0.0595 a year ago. Diluted earnings per share from continuing operations was CNY 0.0349 compared to diluted loss per share from continuing operations of CNY 0.0595 a year ago.