AVIT Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 35.75 million compared to CNY 21.23 million a year ago. Revenue was CNY 35.75 million compared to CNY 21.23 million a year ago.

Net loss was CNY 12.04 million compared to CNY 12.41 million a year ago. Basic loss per share from continuing operations was CNY 0.0283 compared to CNY 0.03 a year ago. Diluted loss per share from continuing operations was CNY 0.0283 compared to CNY 0.03 a year ago.