Suzhou Yangtze New Materials Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 103.92 million compared to CNY 115.55 million a year ago. Revenue was CNY 103.92 million compared to CNY 115.55 million a year ago.

Net loss was CNY 6.11 million compared to CNY 6.8 million a year ago. Basic loss per share from continuing operations was CNY 0.0119 compared to CNY 0.0133 a year ago. Diluted loss per share from continuing operations was CNY 0.0119 compared to CNY 0.0133 a year ago.