Shanghai Friendess Electronic Technology Corporation Limited reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 381.06 million compared to CNY 271.59 million a year ago. Revenue was CNY 381.06 million compared to CNY 271.59 million a year ago.

Net income was CNY 193.55 million compared to CNY 132.07 million a year ago. Basic earnings per share from continuing operations was CNY 1.32 compared to CNY 0.9 a year ago. Diluted earnings per share from continuing operations was CNY 1.32 compared to CNY 0.9 a year ago.