Suzhou Harmontronics Automation Technology Co., Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 181.89 million compared to CNY 99.1 million a year ago. Revenue was CNY 181.89 million compared to CNY 99.1 million a year ago.

Net loss was CNY 42.85 million compared to net income of CNY 1.59 million a year ago. Basic loss per share from continuing operations was CNY 0.2786 compared to basic earnings per share from continuing operations of CNY 0.0071 a year ago. Diluted loss per share from continuing operations was CNY 0.2786.