Founder Technology Group Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 680.84 million compared to CNY 979.78 million a year ago. Revenue was CNY 680.84 million compared to CNY 979.78 million a year ago.

Net loss was CNY 20.52 million compared to CNY 129.36 million a year ago. Basic loss per share from continuing operations was CNY 0.0049 compared to CNY 0.0589 a year ago. Diluted loss per share from continuing operations was CNY 0.0049 compared to CNY 0.0589 a year ago.