Shanghai Huace Navigation Technology Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 511.85 million compared to CNY 422.34 million a year ago. Revenue was CNY 511.85 million compared to CNY 422.34 million a year ago.

Net income was CNY 79.07 million compared to CNY 66.73 million a year ago. Basic earnings per share from continuing operations was CNY 0.1483 compared to CNY 0.1266 a year ago. Diluted earnings per share from continuing operations was CNY 0.1469 compared to CNY 0.1249 a year ago.