Qingdao Kingking Applied Chemistry Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 789.5 million compared to CNY 945.1 million a year ago. Revenue was CNY 789.5 million compared to CNY 945.1 million a year ago.

Net income was CNY 20.23 million compared to CNY 13.21 million a year ago. Basic earnings per share from continuing operations was CNY 0.029 compared to CNY 0.019 a year ago. Diluted earnings per share from continuing operations was CNY 0.029 compared to CNY 0.019 a year ago.