Zhejiang Asia-Pacific Mechanical & Electronic Co.,Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 879.62 million compared to CNY 960.34 million a year ago. Revenue was CNY 879.62 million compared to CNY 960.34 million a year ago.

Net income was CNY 38.2 million compared to CNY 23.82 million a year ago. Basic earnings per share from continuing operations was CNY 0.052 compared to CNY 0.032 a year ago. Diluted earnings per share from continuing operations was CNY 0.052 compared to CNY 0.032 a year ago.