Zhejiang Jiecang Linear Motion Technology Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 535.38 million compared to CNY 708.11 million a year ago. Revenue was CNY 535.38 million compared to CNY 708.11 million a year ago.

Net income was CNY 13.32 million compared to CNY 75.66 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.2 a year ago. Diluted earnings per share from continuing operations was CNY 0.03 compared to CNY 0.2 a year ago.