Hangzhou Freely Communication Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 212.64 million compared to CNY 189.83 million a year ago. Revenue was CNY 212.64 million compared to CNY 189.83 million a year ago.

Net loss was CNY 8.34 million compared to CNY 10.1 million a year ago. Basic loss per share from continuing operations was CNY 0.04 compared to CNY 0.05 a year ago. Diluted loss per share from continuing operations was CNY 0.04 compared to CNY 0.05 a year ago.