Fuxin Dare Automotive Parts Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 1,048.71 million compared to CNY 897.93 million a year ago. Revenue was CNY 1,048.71 million compared to CNY 897.93 million a year ago.

Net loss was CNY 24.26 million compared to net income of CNY 3.47 million a year ago. Basic loss per share from continuing operations was CNY 0.1613 compared to basic earnings per share from continuing operations of CNY 0.0257 a year ago. Diluted loss per share from continuing operations was CNY 0.1613 compared to diluted earnings per share from continuing operations of CNY 0.0257 a year ago.