VT Industrial Technology Co.,Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 157.62 million compared to CNY 221.99 million a year ago. Revenue was CNY 157.62 million compared to CNY 221.99 million a year ago.

Net loss was CNY 3.78 million compared to net income of CNY 16.22 million a year ago. Basic loss per share from continuing operations was CNY 0.0241 compared to basic earnings per share from continuing operations of CNY 0.1035 a year ago.