FS Development Investment Holdings reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 237.62 million compared to CNY 259.03 million a year ago. Revenue was CNY 237.62 million compared to CNY 259.03 million a year ago.

Net loss was CNY 26.03 million compared to net income of CNY 22.84 million a year ago. Basic loss per share from continuing operations was CNY 0.0289 compared to basic earnings per share from continuing operations of CNY 0.0266 a year ago.