Sinomach Precision Industry Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 617.67 million compared to CNY 955.5 million a year ago. Revenue was CNY 617.67 million compared to CNY 955.5 million a year ago.

Net income was CNY 74.44 million compared to CNY 52.81 million a year ago. Basic earnings per share from continuing operations was CNY 0.142 compared to CNY 0.1007 a year ago. Diluted earnings per share from continuing operations was CNY 0.1418 compared to CNY 0.1007 a year ago.