Shenzhen FRD Science & Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 773.19 million compared to CNY 753.46 million a year ago. Revenue was CNY 773.19 million compared to CNY 753.46 million a year ago.

Net loss was CNY 25.12 million compared to CNY 17.9 million a year ago. Basic loss per share from continuing operations was CNY 0.0495 compared to CNY 0.0352 a year ago. Diluted loss per share from continuing operations was CNY 0.0495 compared to CNY 0.0352 a year ago.