Suzhou Wanxiang Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 197.16 million compared to CNY 317.74 million a year ago. Revenue was CNY 197.16 million compared to CNY 317.74 million a year ago.

Net income was CNY 9.47 million compared to CNY 52.84 million a year ago. Basic earnings per share from continuing operations was CNY 0.0237 compared to CNY 0.13 a year ago. Diluted earnings per share from continuing operations was CNY 0.0237 compared to CNY 0.13 a year ago.