Neway CNC Equipment (Suzhou) Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 548.52 million compared to CNY 527.64 million a year ago. Revenue was CNY 548.52 million compared to CNY 527.64 million a year ago.

Net income was CNY 69.55 million compared to CNY 71.73 million a year ago. Basic earnings per share from continuing operations was CNY 0.2129 compared to CNY 0.2196 a year ago.