OKE Precision Cutting Tools Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 283.83 million compared to CNY 261.9 million a year ago. Revenue was CNY 283.83 million compared to CNY 261.9 million a year ago.

Net income was CNY 59.3 million compared to CNY 56.59 million a year ago. Basic earnings per share from continuing operations was CNY 0.3786 compared to CNY 0.4071 a year ago. Diluted earnings per share from continuing operations was CNY 0.3786 compared to CNY 0.4071 a year ago.