Guangzhou Yuetai Group Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 168.7 million compared to CNY 175.02 million a year ago. Revenue was CNY 168.7 million compared to CNY 175.02 million a year ago.

Net loss was CNY 93.97 million compared to CNY 72 million a year ago. Basic loss per share from continuing operations was CNY 0.037 compared to CNY 0.028 a year ago. Diluted loss per share from continuing operations was CNY 0.037 compared to CNY 0.028 a year ago.