Jiangsu Tongguang Electronic Wire & Cable Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 546.4 million compared to CNY 406.94 million a year ago. Revenue was CNY 546.4 million compared to CNY 406.94 million a year ago.

Net income was CNY 28.91 million compared to CNY 14 million a year ago. Basic earnings per share from continuing operations was CNY 0.08 compared to CNY 0.04 a year ago. Diluted earnings per share from continuing operations was CNY 0.08 compared to CNY 0.04 a year ago.