Yantai Shuangta Food Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 523.91 million compared to CNY 449.2 million a year ago. Revenue was CNY 523.91 million compared to CNY 449.2 million a year ago.

Net loss was CNY 60.61 million compared to net income of CNY 51.48 million a year ago. Basic loss per share from continuing operations was CNY 0.0508 compared to basic earnings per share from continuing operations of CNY 0.0428 a year ago. Diluted loss per share from continuing operations was CNY 0.0508 compared to diluted earnings per share from continuing operations of CNY 0.0428 a year ago.