GalaxyCore Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 853.2 million compared to CNY 1,734.87 million a year ago. Revenue was CNY 853.2 million compared to CNY 1,734.87 million a year ago.

Net loss was CNY 129.19 million compared to net income of CNY 241.48 million a year ago. Basic loss per share from continuing operations was CNY 0.05 compared to basic earnings per share from continuing operations of CNY 0.1 a year ago. Diluted loss per share from continuing operations was CNY 0.05 compared to diluted earnings per share from continuing operations of CNY 0.09 a year ago.