Wuxi NCE Power Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 373.68 million compared to CNY 420.56 million a year ago. Revenue was CNY 373.68 million compared to CNY 420.56 million a year ago.

Net income was CNY 64.95 million compared to CNY 112.38 million a year ago. Basic earnings per share from continuing operations was CNY 0.2214 compared to CNY 0.4071 a year ago. Diluted earnings per share from continuing operations was CNY 0.2214 compared to CNY 0.4071 a year ago.