Yusys Technologies Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 792.95 million compared to CNY 406.64 million a year ago. Revenue was CNY 792.95 million compared to CNY 406.64 million a year ago.

Net income was CNY 41.86 million compared to CNY 1.6 million a year ago. Basic earnings per share from continuing operations was CNY 0.0589 compared to CNY 0.0023 a year ago. Diluted earnings per share from continuing operations was CNY 0.0589 compared to CNY 0.0023 a year ago.