Qingdao Gaoce Technology Co., Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 1,259.33 million compared to CNY 556.11 million a year ago. Revenue was CNY 1,259.33 million compared to CNY 556.11 million a year ago.

Net income was CNY 334.44 million compared to CNY 96.83 million a year ago. Basic earnings per share from continuing operations was CNY 1.05 compared to CNY 0.3071 a year ago. Diluted earnings per share from continuing operations was CNY 1.0286 compared to CNY 0.3071 a year ago.