Gemac Engineering Machinery Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 614.79 million compared to CNY 752.83 million a year ago. Revenue was CNY 614.79 million compared to CNY 752.83 million a year ago.

Net income was CNY 65.14 million compared to CNY 72.24 million a year ago. Basic earnings per share from continuing operations was CNY 0.1221 compared to CNY 0.1354 a year ago. Diluted earnings per share from continuing operations was CNY 0.1221 compared to CNY 0.1354 a year ago.