Baotailong New Materials Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 830.19 million compared to CNY 791.81 million a year ago. Revenue was CNY 830.19 million compared to CNY 791.81 million a year ago.

Net income was CNY 30.31 million compared to CNY 42.85 million a year ago. Basic earnings per share from continuing operations was CNY 0.016 compared to CNY 0.025 a year ago. Diluted earnings per share from continuing operations was CNY 0.016 compared to CNY 0.025 a year ago.