Atlantic China Welding Consumables, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 891.51 million compared to CNY 896.13 million a year ago. Revenue was CNY 891.51 million compared to CNY 896.13 million a year ago.

Net income was CNY 26.56 million compared to CNY 19.32 million a year ago. Basic earnings per share from continuing operations was CNY 0.0296 compared to CNY 0.0215 a year ago. Diluted earnings per share from continuing operations was CNY 0.0296 compared to CNY 0.0215 a year ago.