Vanjee Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 105.61 million compared to CNY 186.37 million a year ago. Revenue was CNY 105.61 million compared to CNY 186.37 million a year ago.

Net loss was CNY 90.91 million compared to net income of CNY 3.08 million a year ago. Basic loss per share from continuing operations was CNY 0.4265 compared to basic earnings per share from continuing operations of CNY 0.01 a year ago. Diluted loss per share from continuing operations was CNY 0.4265 compared to diluted earnings per share from continuing operations of CNY 0.01 a year ago.