Reach New Holdings Limited reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 13.83 million compared to CNY 17.32 million a year ago. Net loss was CNY 1.72 million compared to CNY 2.92 million a year ago.

Basic loss per share from continuing operations was CNY 0.002 compared to CNY 0.0034 a year ago.