Topsec Technologies Group Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 468.51 million compared to CNY 378.42 million a year ago. Revenue was CNY 468.51 million compared to CNY 378.42 million a year ago.

Net loss was CNY 91.25 million compared to CNY 64.74 million a year ago. Basic loss per share from continuing operations was CNY 0.08 compared to CNY 0.06 a year ago. Diluted loss per share from continuing operations was CNY 0.08 compared to CNY 0.06 a year ago.