Hainan Yedao (Group) Co.,Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 76.22 million compared to CNY 169.13 million a year ago. Revenue was CNY 76.22 million compared to CNY 169.13 million a year ago.

Net loss was CNY 14.27 million compared to net income of CNY 24.52 million a year ago. Basic loss per share from continuing operations was CNY 0.03 compared to basic earnings per share from continuing operations of CNY 0.05 a year ago. Diluted loss per share from continuing operations was CNY 0.03 compared to diluted earnings per share from continuing operations of CNY 0.05 a year ago.