Nanjing Yueboo Power System Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 69.35 million compared to CNY 105.87 million a year ago. Revenue was CNY 69.35 million compared to CNY 105.87 million a year ago.

Net loss was CNY 19.16 million compared to CNY 16.51 million a year ago. Basic loss per share from continuing operations was CNY 0.1356 compared to CNY 0.1168 a year ago. Diluted loss per share from continuing operations was CNY 0.1356 compared to CNY 0.1168 a year ago.