SG Micro Corp reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 513.29 million compared to CNY 775.34 million a year ago. Revenue was CNY 513.29 million compared to CNY 775.34 million a year ago.

Net income was CNY 30.21 million compared to CNY 260.35 million a year ago. Basic earnings per share from continuing operations was CNY 0.0648 compared to CNY 0.5641 a year ago. Diluted earnings per share from continuing operations was CNY 0.064 compared to CNY 0.5566 a year ago.