GKG Precision Machine Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 106.45 million compared to CNY 159.59 million a year ago. Revenue was CNY 106.45 million compared to CNY 159.59 million a year ago.

Net income was CNY 11.54 million compared to CNY 20.08 million a year ago. Basic earnings per share from continuing operations was CNY 0.1071 compared to CNY 0.25 a year ago. Diluted earnings per share from continuing operations was CNY 0.1071 compared to CNY 0.25 a year ago.