Suzhou K-Hiragawa Electronic Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 136.83 million compared to CNY 233.08 million a year ago. Revenue was CNY 136.83 million compared to CNY 233.08 million a year ago.

Net income was CNY 18.64 million compared to CNY 32.2 million a year ago. Basic earnings per share from continuing operations was CNY 0.1929 compared to CNY 0.4429 a year ago. Diluted earnings per share from continuing operations was CNY 0.1929 compared to CNY 0.4429 a year ago.