Hangzhou CNCR-IT Co.,Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 53.78 million compared to CNY 90.44 million a year ago. Revenue was CNY 53.78 million compared to CNY 90.44 million a year ago.

Net loss was CNY 6.51 million compared to net income of CNY 3.36 million a year ago. Basic loss per share from continuing operations was CNY 0.031 compared to basic earnings per share from continuing operations of CNY 0.015 a year ago. Diluted loss per share from continuing operations was CNY 0.031 compared to diluted earnings per share from continuing operations of CNY 0.015 a year ago.