ShangHai Huahong Jitong Smart System Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 42.87 million compared to CNY 38.04 million a year ago. Revenue was CNY 42.87 million compared to CNY 38.04 million a year ago.

Net loss was CNY 7.93 million compared to CNY 5.81 million a year ago. Basic loss per share from continuing operations was CNY 0.0472 compared to CNY 0.0346 a year ago. Diluted loss per share from continuing operations was CNY 0.0472 compared to CNY 0.0346 a year ago.