Jiangsu Huachen Transformer Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 250.76 million compared to CNY 215.42 million a year ago. Revenue was CNY 250.76 million compared to CNY 215.42 million a year ago.

Net income was CNY 23.11 million compared to CNY 12.54 million a year ago. Basic earnings per share from continuing operations was CNY 0.1444 compared to CNY 0.08 a year ago. Diluted earnings per share from continuing operations was CNY 0.1444 compared to CNY 0.08 a year ago.