Jinxi Axle Company Limited reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 168.08 million compared to CNY 125.08 million a year ago. Revenue was CNY 168.08 million compared to CNY 125.08 million a year ago.

Net loss was CNY 17.17 million compared to CNY 33.56 million a year ago. Basic loss per share from continuing operations was CNY 0.01 compared to CNY 0.03 a year ago. Diluted loss per share from continuing operations was CNY 0.01 compared to CNY 0.03 a year ago.