HUAYU Automotive Systems Company Limited reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 36,815.33 million compared to CNY 37,370.47 million a year ago. Revenue was CNY 36,815.33 million compared to CNY 37,370.47 million a year ago.

Net income was CNY 1,433.83 million compared to CNY 1,707.18 million a year ago. Basic earnings per share from continuing operations was CNY 0.455 compared to CNY 0.541 a year ago.