Shenzhen Absen Optoelectronic Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 709.29 million compared to CNY 492.67 million a year ago. Revenue was CNY 709.29 million compared to CNY 492.67 million a year ago.

Net income was CNY 79.1 million compared to CNY 19.46 million a year ago. Basic earnings per share from continuing operations was CNY 0.2205 compared to CNY 0.062 a year ago. Diluted earnings per share from continuing operations was CNY 0.218 compared to CNY 0.0612 a year ago.