Baotou Huazi Industry Co., Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 130.43 million compared to CNY 1.34 million a year ago. Revenue was CNY 130.43 million compared to CNY 1.34 million a year ago.

Net income was CNY 44.4 million compared to net loss of CNY 34.31 million a year ago. Basic earnings per share from continuing operations was CNY 0.0916 compared to basic loss per share from continuing operations of CNY 0.0707 a year ago. Diluted earnings per share from continuing operations was CNY 0.0916 compared to diluted loss per share from continuing operations of CNY 0.0707 a year ago.