Guangdong Champion Asia Electronics Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 570.12 million compared to CNY 631.37 million a year ago. Revenue was CNY 570.12 million compared to CNY 631.37 million a year ago.

Net income was CNY 12.56 million compared to CNY 30.13 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.0929 a year ago. Diluted earnings per share from continuing operations was CNY 0.04 compared to CNY 0.0929 a year ago.