Qinghai Spring Medicinal Resources Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 56.35 million compared to CNY 75.22 million a year ago. Revenue was CNY 56.35 million compared to CNY 75.22 million a year ago.

Net loss was CNY 28.72 million compared to CNY 23.57 million a year ago. Basic loss per share from continuing operations was CNY 0.0489 compared to CNY 0.0401 a year ago. Diluted loss per share from continuing operations was CNY 0.0489 compared to CNY 0.0401 a year ago.