Shanghai Beite Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 388.67 million compared to CNY 428.28 million a year ago. Revenue was CNY 388.67 million compared to CNY 428.28 million a year ago.

Net income was CNY 5.81 million compared to CNY 23.95 million a year ago. Basic earnings per share from continuing operations was CNY 0.0162 compared to CNY 0.0668 a year ago. Diluted earnings per share from continuing operations was CNY 0.0162 compared to CNY 0.0668 a year ago.