Sinoma Energy Conservation Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 603.22 million compared to CNY 582.61 million a year ago. Revenue was CNY 603.22 million compared to CNY 582.61 million a year ago.

Net income was CNY 34.72 million compared to CNY 32 million a year ago. Basic earnings per share from continuing operations was CNY 0.0569 compared to CNY 0.0524 a year ago. Diluted earnings per share from continuing operations was CNY 0.0569 compared to CNY 0.0524 a year ago.