Fujian Nebula Electronics Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 157 million compared to CNY 123.85 million a year ago. Revenue was CNY 157 million compared to CNY 123.85 million a year ago.

Net loss was CNY 33.37 million compared to CNY 32 million a year ago. Basic loss per share from continuing operations was CNY 0.2258 compared to CNY 0.2165 a year ago.