Shenzhen Sinexcel Electric Co.,Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 599.26 million compared to CNY 447.84 million a year ago. Revenue was CNY 599.26 million compared to CNY 447.84 million a year ago.

Net income was CNY 66.35 million compared to CNY 62.6 million a year ago. Basic earnings per share from continuing operations was CNY 0.215 compared to CNY 0.2037 a year ago. Diluted earnings per share from continuing operations was CNY 0.215 compared to CNY 0.2037 a year ago.