Integrated Electronic Systems Lab Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 211.62 million compared to CNY 261.05 million a year ago. Revenue was CNY 211.62 million compared to CNY 261.05 million a year ago.

Net loss was CNY 72.39 million compared to CNY 25.64 million a year ago. Basic loss per share from continuing operations was CNY 0.14 compared to CNY 0.05 a year ago. Diluted loss per share from continuing operations was CNY 0.14 compared to CNY 0.05 a year ago.