Shenzhen Huakong Seg Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 105.67 million compared to CNY 256.69 million a year ago. Revenue was CNY 105.67 million compared to CNY 256.69 million a year ago.

Net loss was CNY 26.92 million compared to CNY 9.73 million a year ago. Basic loss per share from continuing operations was CNY 0.0267 compared to CNY 0.0097 a year ago. Diluted loss per share from continuing operations was CNY 0.0267 compared to CNY 0.0097 a year ago.