Shenzhen Clou Electronics Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 638.65 million compared to CNY 580.23 million a year ago. Revenue was CNY 638.65 million compared to CNY 580.23 million a year ago.

Net loss was CNY 41.62 million compared to CNY 47 million a year ago. Basic loss per share from continuing operations was CNY 0.0296 compared to CNY 0.0334 a year ago. Diluted loss per share from continuing operations was CNY 0.0296 compared to CNY 0.0334 a year ago.