Shanghai Friendess Electronic Technology Corporation Limited reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 271.59 million compared to CNY 190.73 million a year ago. Revenue was CNY 271.59 million compared to CNY 190.73 million a year ago.

Net income was CNY 132.07 million compared to CNY 102.76 million a year ago. Basic earnings per share from continuing operations was CNY 0.9 compared to CNY 0.73 a year ago. Diluted earnings per share from continuing operations was CNY 0.9 compared to CNY 0.73 a year ago.