Guangdong Kingshine Electronic Technology Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 627.93 million compared to CNY 634.37 million a year ago. Revenue was CNY 627.93 million compared to CNY 634.37 million a year ago.

Net loss was CNY 35.87 million compared to net income of CNY 18.52 million a year ago. Basic loss per share from continuing operations was CNY 0.0865 compared to basic earnings per share from continuing operations of CNY 0.0597 a year ago. Diluted loss per share from continuing operations was CNY 0.0865 compared to diluted earnings per share from continuing operations of CNY 0.0597 a year ago.