Jiangsu Fasten Company Limited reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 128.43 million compared to CNY 187.39 million a year ago. Revenue was CNY 128.43 million compared to CNY 187.39 million a year ago.

Net loss was CNY 12.37 million compared to CNY 13.09 million a year ago. Basic loss per share from continuing operations was CNY 0.03 compared to CNY 0.03 a year ago. Diluted loss per share from continuing operations was CNY 0.03 compared to CNY 0.03 a year ago.