Longyan Zhuoyue New Energy Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 896.15 million compared to CNY 977.27 million a year ago. Revenue was CNY 896.15 million compared to CNY 977.27 million a year ago.

Net income was CNY 71.2 million compared to CNY 100.09 million a year ago. Basic earnings per share from continuing operations was CNY 0.59 compared to CNY 0.83 a year ago.