Suzhou Gyz Electronic Technology Co.,Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 90.2 million compared to CNY 125.65 million a year ago. Revenue was CNY 90.2 million compared to CNY 125.65 million a year ago.

Net loss was CNY 29.82 million compared to net income of CNY 5.78 million a year ago. Basic loss per share from continuing operations was CNY 0.2485.