Qingdao Doublestar Co.,Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 1,074.54 million compared to CNY 913.26 million a year ago. Revenue was CNY 1,074.54 million compared to CNY 913.26 million a year ago.

Net loss was CNY 100.93 million compared to CNY 146.18 million a year ago. Basic loss per share from continuing operations was CNY 0.12 compared to CNY 0.18 a year ago. Diluted loss per share from continuing operations was CNY 0.12 compared to CNY 0.18 a year ago.