Piotech Inc. reported earnings results for the first quarter ended March 31, 2025. For the first quarter, the company reported sales was CNY 708.7 million compared to CNY 471.79 million a year ago. Revenue was CNY 708.7 million compared to CNY 471.79 million a year ago.

Net loss was CNY 146.95 million compared to net income of CNY 10.47 million a year ago. Basic loss per share from continuing operations was CNY 0.53 compared to basic earnings per share from continuing operations of CNY 0.04 a year ago.