Koal Software Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 48.54 million compared to CNY 68.6 million a year ago. Net loss was CNY 51.5 million compared to CNY 41.65 million a year ago.

Basic loss per share from continuing operations was CNY 0.22 compared to CNY 0.18 a year ago. Diluted loss per share from continuing operations was CNY 0.22 compared to CNY 0.18 a year ago.