Shanghai Feilo Acoustics Co.,Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 406.13 million compared to CNY 1,138.26 million a year ago. Revenue was CNY 406.13 million compared to CNY 1,138.26 million a year ago.

Net loss was CNY 15.38 million compared to CNY 60.45 million a year ago. Basic loss per share from continuing operations was CNY 0.006 compared to CNY 0.024 a year ago. Diluted loss per share from continuing operations was CNY 0.006 compared to CNY 0.024 a year ago.