Guangzhou Ruoyuchen Technology Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 282.67 million compared to CNY 284.36 million a year ago. Revenue was CNY 282.67 million compared to CNY 284.36 million a year ago.

Net income was CNY 6.88 million compared to CNY 3.54 million a year ago. Basic earnings per share from continuing operations was CNY 0.0565 compared to CNY 0.029 a year ago. Diluted earnings per share from continuing operations was CNY 0.056 compared to CNY 0.029 a year ago.