Ningbo Dechang Electrical Machinery Made Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 824.56 million compared to CNY 564.24 million a year ago. Net income was CNY 85.29 million compared to CNY 42.15 million a year ago.

Basic earnings per share from continuing operations was CNY 0.23 compared to CNY 0.11 a year ago. Diluted earnings per share from continuing operations was CNY 0.23 compared to CNY 0.11 a year ago.