Zhejiang Yueling Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 139.32 million compared to CNY 217.28 million a year ago. Revenue was CNY 139.32 million compared to CNY 217.28 million a year ago.

Net loss was CNY 12.16 million compared to net income of CNY 10.1 million a year ago. Basic loss per share from continuing operations was CNY 0.0475 compared to basic earnings per share from continuing operations of CNY 0.0395 a year ago. Diluted loss per share from continuing operations was CNY 0.0475 compared to diluted earnings per share from continuing operations of CNY 0.0395 a year ago.