Giantec Semiconductor Corporation reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 143.32 million compared to CNY 200.84 million a year ago. Revenue was CNY 143.32 million compared to CNY 200.84 million a year ago.

Net income was CNY 21.46 million compared to CNY 57.23 million a year ago. Basic earnings per share from continuing operations was CNY 0.1385 compared to CNY 0.3615 a year ago. Diluted earnings per share from continuing operations was CNY 0.1308 compared to CNY 0.3615 a year ago.