UGE International Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 0.521733 million compared to USD 0.363936 million a year ago. Net loss was USD 2.83 million compared to USD 1.56 million a year ago.

Basic loss per share from continuing operations was USD 0.09 compared to USD 0.05 a year ago.