HC SemiTek Corporation reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 399.3 million compared to CNY 676.52 million a year ago. Revenue was CNY 399.3 million compared to CNY 676.52 million a year ago.

Net loss was CNY 123.84 million compared to net income of CNY 7.13 million a year ago. Basic loss per share from continuing operations was CNY 0.1 compared to basic earnings per share from continuing operations of CNY 0.01 a year ago. Diluted loss per share from continuing operations was CNY 0.1 compared to diluted earnings per share from continuing operations of CNY 0.01 a year ago.