Yang Guang Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 55.66 million compared to CNY 83.43 million a year ago. Revenue was CNY 55.66 million compared to CNY 83.43 million a year ago.

Net loss was CNY 11.81 million compared to CNY 4.75 million a year ago. Basic loss per share from continuing operations was CNY 0.02 compared to CNY 0.01 a year ago. Diluted loss per share from continuing operations was CNY 0.02 compared to CNY 0.01 a year ago.