Guangzhou Huayan Precision Machinery Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 105.82 million compared to CNY 101.54 million a year ago. Revenue was CNY 105.82 million compared to CNY 101.54 million a year ago.

Net income was CNY 18.63 million compared to CNY 13.43 million a year ago. Basic earnings per share from continuing operations was CNY 0.1553 compared to CNY 0.1124 a year ago. Diluted earnings per share from continuing operations was CNY 0.1553 compared to CNY 0.1124 a year ago.