Jiangsu Luokai Mechanical &Electrical Co., Ltd . reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 377.23 million compared to CNY 271.15 million a year ago.

Revenue was CNY 377.23 million compared to CNY 271.15 million a year ago. Net income was CNY 17.64 million compared to CNY 0.363175 million a year ago. Basic earnings per share from continuing operations was CNY 0.11.

Diluted earnings per share from continuing operations was CNY 0.11.