Nanjing Panda Electronics Company Limited reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 558.12 million compared to CNY 1,060.34 million a year ago. Revenue was CNY 558.12 million compared to CNY 1,060.34 million a year ago.

Net loss was CNY 30.45 million compared to CNY 16.95 million a year ago. Basic loss per share from continuing operations was CNY 0.0333 compared to CNY 0.0186 a year ago. Diluted loss per share from continuing operations was CNY 0.0333 compared to CNY 0.0186 a year ago.