Wuhan Ddmc Culture&Sports Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 127.75 million compared to CNY 387.06 million a year ago. Revenue was CNY 127.75 million compared to CNY 387.06 million a year ago.

Net loss was CNY 197.97 million compared to CNY 184.49 million a year ago. Basic loss per share from continuing operations was CNY 0.34. Diluted loss per share from continuing operations was CNY 0.34.