Hexing Electrical Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 793.32 million compared to CNY 667.55 million a year ago. Revenue was CNY 793.32 million compared to CNY 667.55 million a year ago.

Net income was CNY 175.95 million compared to CNY 140.33 million a year ago. Basic earnings per share from continuing operations was CNY 0.36 compared to CNY 0.29 a year ago. Diluted earnings per share from continuing operations was CNY 0.36 compared to CNY 0.29 a year ago.