Shaanxi Xinghua Chemistry Co.,Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 630.86 million compared to CNY 939.3 million a year ago. Revenue was CNY 630.86 million compared to CNY 939.3 million a year ago.

Net loss was CNY 114.96 million compared to net income of CNY 230.68 million a year ago. Basic loss per share from continuing operations was CNY 0.1092 compared to basic earnings per share from continuing operations of CNY 0.2191 a year ago. Diluted loss per share from continuing operations was CNY 0.1092 compared to diluted earnings per share from continuing operations of CNY 0.2191 a year ago.