Suwen Electric Energy Technology Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 580.76 million compared to CNY 406.72 million a year ago. Revenue was CNY 580.76 million compared to CNY 406.72 million a year ago.

Net income was CNY 96.09 million compared to CNY 42.21 million a year ago. Basic earnings per share from continuing operations was CNY 0.4667 compared to CNY 0.25 a year ago. Diluted earnings per share from continuing operations was CNY 0.4667 compared to CNY 0.25 a year ago.