Tianjin Binhai Energy & Development Co.,Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 95.74 million compared to CNY 131.09 million a year ago. Revenue was CNY 95.74 million compared to CNY 131.09 million a year ago.

Net loss was CNY 23.64 million compared to CNY 14.37 million a year ago. Basic loss per share from continuing operations was CNY 0.1064 compared to CNY 0.0647 a year ago. Diluted loss per share from continuing operations was CNY 0.1064 compared to CNY 0.0647 a year ago.