Tianjin Hi-Tech Development Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 22.18 million compared to CNY 119.75 million a year ago. Revenue was CNY 22.18 million compared to CNY 119.75 million a year ago.

Net loss was CNY 2.62 million compared to CNY 11.74 million a year ago. Basic loss per share from continuing operations was CNY 0.0041 compared to CNY 0.0182 a year ago. Diluted loss per share from continuing operations was CNY 0.0041 compared to CNY 0.0182 a year ago.