EmbedWay Technologies (Shanghai) Corporation reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 165.29 million compared to CNY 151.07 million a year ago. Revenue was CNY 165.29 million compared to CNY 151.07 million a year ago.

Net income was CNY 17.52 million compared to CNY 21.92 million a year ago. Basic earnings per share from continuing operations was CNY 0.0549 compared to CNY 0.0687 a year ago. Diluted earnings per share from continuing operations was CNY 0.0549 compared to CNY 0.0686 a year ago.