Wuxi Hodgen Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 402.78 million compared to CNY 499 million a year ago. Revenue was CNY 402.78 million compared to CNY 499 million a year ago.

Net income was CNY 9.57 million compared to net loss of CNY 37.79 million a year ago. Basic earnings per share from continuing operations was CNY 0.0199 compared to basic loss per share from continuing operations of CNY 0.0861 a year ago. Diluted earnings per share from continuing operations was CNY 0.0199 compared to diluted loss per share from continuing operations of CNY 0.0861 a year ago.