Sai MicroElectronics Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 190.69 million compared to CNY 173.24 million a year ago. Revenue was CNY 190.69 million compared to CNY 173.24 million a year ago.

Net income was CNY 15.43 million compared to CNY 23.61 million a year ago. Basic earnings per share from continuing operations was CNY 0.021 compared to CNY 0.0323 a year ago. Diluted earnings per share from continuing operations was CNY 0.021 compared to CNY 0.0323 a year ago.