Shandong Taihe Technologies Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 517.37 million compared to CNY 723.64 million a year ago. Revenue was CNY 517.37 million compared to CNY 723.64 million a year ago.

Net income was CNY 32.14 million compared to CNY 124.8 million a year ago. Basic earnings per share from continuing operations was CNY 0.1478 compared to CNY 0.5778 a year ago. Diluted earnings per share from continuing operations was CNY 0.1478 compared to CNY 0.5778 a year ago.