Wuxi New Hongtai Electrical Technology Co.,Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 145.51 million compared to CNY 146.27 million a year ago. Revenue was CNY 145.51 million compared to CNY 146.27 million a year ago.

Net income was CNY 14.8 million compared to CNY 11.01 million a year ago. Basic earnings per share from continuing operations was CNY 0.1 compared to CNY 0.07 a year ago. Diluted earnings per share from continuing operations was CNY 0.1 compared to CNY 0.07 a year ago.