Xingyuan Environment Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 158.83 million compared to CNY 251.27 million a year ago. Revenue was CNY 158.83 million compared to CNY 251.27 million a year ago.

Net loss was CNY 79.49 million compared to CNY 25.04 million a year ago. Basic loss per share from continuing operations was CNY 0.05 compared to CNY 0.02 a year ago. Diluted loss per share from continuing operations was CNY 0.05 compared to CNY 0.02 a year ago.