Beijing Watertek Information Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 559.34 million compared to CNY 498.97 million a year ago. Revenue was CNY 559.34 million compared to CNY 498.97 million a year ago.

Net loss was CNY 43.83 million compared to CNY 43.17 million a year ago. Basic loss per share from continuing operations was CNY 0.0254 compared to CNY 0.025 a year ago. Diluted loss per share from continuing operations was CNY 0.0254 compared to CNY 0.025 a year ago.