Jiangsu Daybright Intelligent Electric Co.,LTD. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 49.94 million compared to CNY 36.71 million a year ago. Revenue was CNY 49.94 million compared to CNY 36.71 million a year ago.

Net loss was CNY 19.87 million compared to CNY 7.48 million a year ago. Basic loss per share from continuing operations was CNY 0.0627 compared to CNY 0.0236 a year ago. Diluted loss per share from continuing operations was CNY 0.0627 compared to CNY 0.0236 a year ago.