Lootom Telcovideo Network (wuxi) Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 49.3 million compared to CNY 59.96 million a year ago. Revenue was CNY 49.3 million compared to CNY 59.96 million a year ago.

Net income was CNY 0.678743 million compared to CNY 5.01 million a year ago. Basic earnings per share from continuing operations was CNY 0.0034 compared to CNY 0.0251 a year ago. Diluted earnings per share from continuing operations was CNY 0.0034 compared to CNY 0.0251 a year ago.