Solareast Holdings Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 872.18 million compared to CNY 643.62 million a year ago. Revenue was CNY 872.18 million compared to CNY 643.62 million a year ago.

Net loss was CNY 10.76 million compared to CNY 61.01 million a year ago. Basic loss per share from continuing operations was CNY 0.0134 compared to CNY 0.0763 a year ago.