Songcheng Performance Development Co.,Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 234.43 million compared to CNY 85.3 million a year ago. Revenue was CNY 234.43 million compared to CNY 85.3 million a year ago.

Net income was CNY 60.31 million compared to net loss of CNY 38.59 million a year ago. Basic earnings per share from continuing operations was CNY 0.0231 compared to basic loss per share from continuing operations of CNY 0.0148 a year ago. Diluted earnings per share from continuing operations was CNY 0.0231 compared to diluted loss per share from continuing operations of CNY 0.0148 a year ago.