Xinxiang Richful Lube Additive Co., Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 624 million compared to CNY 396.3 million a year ago. Revenue was CNY 624 million compared to CNY 396.3 million a year ago.

Net income was CNY 96.84 million compared to CNY 51.53 million a year ago. Basic earnings per share from continuing operations was CNY 0.3421 compared to CNY 0.1789 a year ago. Diluted earnings per share from continuing operations was CNY 0.3316 compared to CNY 0.1789 a year ago.