Xiamen Faratronic Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 929.33 million compared to CNY 840.13 million a year ago. Revenue was CNY 929.33 million compared to CNY 840.13 million a year ago.

Net income was CNY 231.17 million compared to CNY 204.39 million a year ago. Basic earnings per share from continuing operations was CNY 1.03 compared to CNY 0.91 a year ago. Diluted earnings per share from continuing operations was CNY 1.03 compared to CNY 0.91 a year ago.