Novoray Corporation reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 145.05 million compared to CNY 177.45 million a year ago. Revenue was CNY 145.05 million compared to CNY 177.45 million a year ago.

Net income was CNY 28.72 million compared to CNY 42.69 million a year ago. Basic earnings per share from continuing operations was CNY 0.1544 compared to CNY 0.2282 a year ago. Diluted earnings per share from continuing operations was CNY 0.1544 compared to CNY 0.2282 a year ago.