Wuhan Raycus Fiber Laser Technologies Co.,Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 801.16 million compared to CNY 785.87 million a year ago. Revenue was CNY 801.16 million compared to CNY 785.87 million a year ago.

Net income was CNY 63.58 million compared to CNY 44.06 million a year ago. Basic earnings per share from continuing operations was CNY 0.1132 compared to CNY 0.0785 a year ago. Diluted earnings per share from continuing operations was CNY 0.1132 compared to CNY 0.0777 a year ago.