Zhongtong Guomai Communication Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 44.58 million compared to CNY 55.07 million a year ago. Revenue was CNY 44.58 million compared to CNY 55.07 million a year ago.

Net loss was CNY 21.84 million compared to CNY 15.39 million a year ago. Basic loss per share from continuing operations was CNY 0.15 compared to CNY 0.11 a year ago.