Fujian Superpipe Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 68.44 million compared to CNY 78.67 million a year ago. Revenue was CNY 68.44 million compared to CNY 78.67 million a year ago.

Net loss was CNY 16.43 million compared to CNY 14.02 million a year ago. Basic loss per share from continuing operations was CNY 0.0159 compared to CNY 0.0136 a year ago. Diluted loss per share from continuing operations was CNY 0.0159 compared to CNY 0.0136 a year ago.