Shandong Meichen Ecology & Environment Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 362.23 million compared to CNY 432.75 million a year ago. Revenue was CNY 362.23 million compared to CNY 432.75 million a year ago.

Net loss was CNY 115.24 million compared to CNY 109.42 million a year ago. Basic loss per share from continuing operations was CNY 0.0799 compared to CNY 0.0753 a year ago. Diluted loss per share from continuing operations was CNY 0.0799 compared to CNY 0.0753 a year ago.