Xinjiang Machinery Research Institute Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 61.46 million compared to CNY 141.96 million a year ago. Revenue was CNY 61.46 million compared to CNY 141.96 million a year ago.

Net loss was CNY 59.77 million compared to CNY 32.11 million a year ago. Basic loss per share from continuing operations was CNY 0.0401 compared to CNY 0.0215 a year ago. Diluted loss per share from continuing operations was CNY 0.0401 compared to CNY 0.0215 a year ago.