Gospell Digital Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 45.47 million compared to CNY 118.97 million a year ago. Revenue was CNY 45.47 million compared to CNY 118.97 million a year ago.

Net loss was CNY 20.08 million compared to net income of CNY 48.46 million a year ago. Basic loss per share from continuing operations was CNY 0.1201 compared to basic earnings per share from continuing operations of CNY 0.2899 a year ago. Diluted loss per share from continuing operations was CNY 0.1201 compared to diluted earnings per share from continuing operations of CNY 0.2899 a year ago.