Ningbo Shenglong Automotive Powertrain System Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 321.84 million compared to CNY 354.87 million a year ago. Revenue was CNY 321.84 million compared to CNY 354.87 million a year ago.

Net income was CNY 5.84 million compared to CNY 24.25 million a year ago. Basic earnings per share from continuing operations was CNY 0.02 compared to CNY 0.1 a year ago. Diluted earnings per share from continuing operations was CNY 0.02 compared to CNY 0.1 a year ago.