Shenzhen Desay Battery Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 4,288.35 million compared to CNY 4,902.41 million a year ago. Revenue was CNY 4,288.35 million compared to CNY 4,902.41 million a year ago.

Net income was CNY 73.55 million compared to CNY 154.25 million a year ago. Basic earnings per share from continuing operations was CNY 0.2457 compared to CNY 0.5152 a year ago. Diluted earnings per share from continuing operations was CNY 0.2457 compared to CNY 0.5152 a year ago.