Shenzhen Zhaowei Machinery & Electronics Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 222.08 million compared to CNY 215.19 million a year ago. Revenue was CNY 222.08 million compared to CNY 215.19 million a year ago.

Net income was CNY 28.24 million compared to CNY 22.69 million a year ago. Basic earnings per share from continuing operations was CNY 0.17 compared to CNY 0.13 a year ago. Diluted earnings per share from continuing operations was CNY 0.17 compared to CNY 0.13 a year ago.