Jiangsu Shemar Electric Co.,Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 194.42 million compared to CNY 161.25 million a year ago. Revenue was CNY 194.42 million compared to CNY 161.25 million a year ago.

Net income was CNY 14.83 million compared to CNY 0.812386 million a year ago. Basic earnings per share from continuing operations was CNY 0.03. Diluted earnings per share from continuing operations was CNY 0.03.