Shenzhen Liantronics Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 224.81 million compared to CNY 198.9 million a year ago. Revenue was CNY 224.81 million compared to CNY 198.9 million a year ago.

Net loss was CNY 19.35 million compared to CNY 11.87 million a year ago. Basic loss per share from continuing operations was CNY 0.04 compared to CNY 0.02 a year ago. Diluted loss per share from continuing operations was CNY 0.04 compared to CNY 0.02 a year ago.