Jiangsu Shemar Electric Co.,Ltd reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was CNY 940.17 million compared to CNY 732.15 million a year ago. Revenue was CNY 959.1 million compared to CNY 737.4 million a year ago.

Net income was CNY 158.4 million compared to CNY 49.13 million a year ago. Basic earnings per share from continuing operations was CNY 0.37 compared to CNY 0.11 a year ago. Diluted earnings per share from continuing operations was CNY 0.37 compared to CNY 0.11 a year ago.