Venustech Group Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 787.68 million compared to CNY 564.41 million a year ago. Revenue was CNY 787.68 million compared to CNY 564.41 million a year ago.

Net loss was CNY 65.73 million compared to CNY 97.51 million a year ago. Basic loss per share from continuing operations was CNY 0.07 compared to CNY 0.11 a year ago. Diluted loss per share from continuing operations was CNY 0.07 compared to CNY 0.11 a year ago.