Hunan Zhenghong Science and Technology Develop Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 288.68 million compared to CNY 219.65 million a year ago. Revenue was CNY 288.68 million compared to CNY 219.65 million a year ago.

Net loss was CNY 29.17 million compared to CNY 44.73 million a year ago. Basic loss per share from continuing operations was CNY 0.1094 compared to CNY 0.1678 a year ago. Diluted loss per share from continuing operations was CNY 0.1094 compared to CNY 0.1678 a year ago.