Zhejiang grandwall electric science&technology co.,ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 2,357.15 million compared to CNY 2,381.09 million a year ago. Revenue was CNY 2,357.15 million compared to CNY 2,381.09 million a year ago.

Net income was CNY 30.62 million compared to CNY 48.92 million a year ago. Basic earnings per share from continuing operations was CNY 0.15 compared to CNY 0.24 a year ago. Diluted earnings per share from continuing operations was CNY 0.15 compared to CNY 0.24 a year ago.