HiVi Acoustics Technology Co., Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 45.42 million compared to CNY 51.35 million a year ago. Revenue was CNY 45.42 million compared to CNY 51.35 million a year ago.

Net loss was CNY 1.09 million compared to net income of CNY 0.500697 million a year ago. Basic loss per share from continuing operations was CNY 0.0074 compared to basic earnings per share from continuing operations of CNY 0.0034 a year ago. Diluted loss per share from continuing operations was CNY 0.0074 compared to diluted earnings per share from continuing operations of CNY 0.0033 a year ago.