Hootech Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 442.14 million compared to CNY 941.43 million a year ago. Revenue was CNY 442.14 million compared to CNY 941.43 million a year ago.

Net income was CNY 48.84 million compared to CNY 46.35 million a year ago. Basic earnings per share from continuing operations was CNY 0.4309 compared to CNY 0.4089 a year ago. Diluted earnings per share from continuing operations was CNY 0.4309 compared to CNY 0.4089 a year ago.