China Automotive Engineering Research Institute Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 707.05 million compared to CNY 561.14 million a year ago. Revenue was CNY 707.05 million compared to CNY 561.14 million a year ago.

Net income was CNY 142.26 million compared to CNY 129.89 million a year ago. Basic earnings per share from continuing operations was CNY 0.15 compared to CNY 0.13 a year ago. Diluted earnings per share from continuing operations was CNY 0.15 compared to CNY 0.13 a year ago.