SAIC Motor Corporation Limited reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 140,657.4 million compared to CNY 176,776.18 million a year ago. Revenue was CNY 145,916.48 million compared to CNY 182,471.91 million a year ago.

Net income was CNY 2,782.68 million compared to CNY 5,515.61 million a year ago. Basic earnings per share from continuing operations was CNY 0.242 compared to CNY 0.478 a year ago.