Leader Harmonious Drive Systems Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 88.52 million compared to CNY 93.85 million a year ago. Revenue was CNY 88.52 million compared to CNY 93.85 million a year ago.

Net income was CNY 24.65 million compared to CNY 36.5 million a year ago. Basic earnings per share from continuing operations was CNY 0.1462 compared to CNY 0.2165 a year ago. Diluted earnings per share from continuing operations was CNY 0.1462 compared to CNY 0.2165 a year ago.