Jiangyin Electrical Alloy Co.,Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 575.25 million compared to CNY 470.21 million a year ago. Revenue was CNY 575.25 million compared to CNY 470.21 million a year ago.

Net income was CNY 48.76 million compared to CNY 34.88 million a year ago. Basic earnings per share from continuing operations was CNY 0.147 compared to CNY 0.105 a year ago. Diluted earnings per share from continuing operations was CNY 0.147 compared to CNY 0.105 a year ago.