Guangdong Huatie Tongda High-speed Railway Equipment Corporation reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 267.75 million compared to CNY 283.62 million a year ago. Revenue was CNY 267.75 million compared to CNY 283.62 million a year ago.

Net income was CNY 17.19 million compared to CNY 49.57 million a year ago. Basic earnings per share from continuing operations was CNY 0.011 compared to CNY 0.03 a year ago. Diluted earnings per share from continuing operations was CNY 0.011 compared to CNY 0.03 a year ago.