Shanghai Belling Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 394.62 million compared to CNY 446.43 million a year ago. Revenue was CNY 394.62 million compared to CNY 446.43 million a year ago.

Net income was CNY 32.83 million compared to CNY 144.07 million a year ago. Basic earnings per share from continuing operations was CNY 0.046 compared to CNY 0.202 a year ago. Diluted earnings per share from continuing operations was CNY 0.046 compared to CNY 0.202 a year ago.