Jiangsu Baichuan High-Tech New Materials Co., Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 773.96 million compared to CNY 991.49 million a year ago. Revenue was CNY 773.96 million compared to CNY 991.49 million a year ago.

Net loss was CNY 47.91 million compared to net income of CNY 62.76 million a year ago. Basic loss per share from continuing operations was CNY 0.08 compared to basic earnings per share from continuing operations of CNY 0.11 a year ago.