Guangzhou Lingnan Group Holdings Company Limited reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 476.91 million compared to CNY 187.47 million a year ago. Net income was CNY 8.71 million compared to net loss of CNY 75.93 million a year ago.

Basic earnings per share from continuing operations was CNY 0.013 compared to basic loss per share from continuing operations of CNY 0.113 a year ago. Diluted earnings per share from continuing operations was CNY 0.013 compared to diluted loss per share from continuing operations of CNY 0.113 a year ago.