Maxscend Microelectronics Company Limited reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 1,189.62 million compared to CNY 711.66 million a year ago. Revenue was CNY 1,189.62 million compared to CNY 711.66 million a year ago.

Net income was CNY 197.77 million compared to CNY 116.46 million a year ago. Basic earnings per share from continuing operations was CNY 0.3705 compared to CNY 0.2182 a year ago. Diluted earnings per share from continuing operations was CNY 0.3699 compared to CNY 0.2182 a year ago.