Renrenle Commercial Group Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 955.34 million compared to CNY 1,209.08 million a year ago. Revenue was CNY 955.34 million compared to CNY 1,209.08 million a year ago.

Net loss was CNY 98.59 million compared to CNY 75.43 million a year ago. Basic loss per share from continuing operations was CNY 0.2241 compared to CNY 0.1714 a year ago. Diluted loss per share from continuing operations was CNY 0.2241 compared to CNY 0.1714 a year ago.