Obio Technology (Shanghai) Corp., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 59.57 million compared to CNY 30.79 million a year ago. Net loss was CNY 42.17 million compared to CNY 31.74 million a year ago.

Basic loss per share from continuing operations was CNY 0.0658 compared to CNY 0.0495 a year ago. Diluted loss per share from continuing operations was CNY 0.0658 compared to CNY 0.0495 a year ago.