Hangzhou Prevail Optoelectronic Equipment Co., Ltd. reported earnings results for the nine months ended September 30, 2023. For the nine months, the company reported sales was CNY 252.88 million compared to CNY 420.91 million a year ago. Revenue was CNY 252.88 million compared to CNY 420.91 million a year ago.

Net loss was CNY 7.51 million compared to net income of CNY 3.99 million a year ago. Basic loss per share from continuing operations was CNY 0.0755 compared to basic earnings per share from continuing operations of CNY 0.0401 a year ago. Diluted loss per share from continuing operations was CNY 0.0755 compared to diluted earnings per share from continuing operations of CNY 0.0401 a year ago.