Guangdong Guoli Sci and Tech Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 371.95 million compared to CNY 373.31 million a year ago. Revenue was CNY 371.95 million compared to CNY 373.31 million a year ago.

Net loss was CNY 27.07 million compared to net income of CNY 16.54 million a year ago. Basic loss per share from continuing operations was CNY 0.1692 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 0.1692 compared to diluted earnings per share from continuing operations of CNY 0.1 a year ago.