China Satellite Communications Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 596.55 million compared to CNY 591.12 million a year ago. Revenue was CNY 596.55 million compared to CNY 591.12 million a year ago.

Net income was CNY 141.41 million compared to CNY 125.25 million a year ago. Basic earnings per share from continuing operations was CNY 0.0335 compared to CNY 0.0313 a year ago. Diluted earnings per share from continuing operations was CNY 0.0335 compared to CNY 0.0313 a year ago.