Shenzhen INVT Electric Co.,Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 1,013 million compared to CNY 713.73 million a year ago. Revenue was CNY 1,013 million compared to CNY 713.73 million a year ago.

Net income was CNY 95.34 million compared to CNY 3.06 million a year ago. Basic earnings per share from continuing operations was CNY 0.1203 compared to CNY 0.004 a year ago. Diluted earnings per share from continuing operations was CNY 0.1203 compared to CNY 0.004 a year ago.