China National Electric Apparatus Research Institute Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 855.93 million compared to CNY 739.82 million a year ago. Revenue was CNY 855.93 million compared to CNY 739.82 million a year ago.

Net income was CNY 62.43 million compared to CNY 49.12 million a year ago. Basic earnings per share from continuing operations was CNY 0.15 compared to CNY 0.12 a year ago. Diluted earnings per share from continuing operations was CNY 0.15 compared to CNY 0.12 a year ago.