Shenzhen CDL Precision Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 294.84 million compared to CNY 487.1 million a year ago. Revenue was CNY 294.84 million compared to CNY 487.1 million a year ago.

Net loss was CNY 44.89 million compared to net income of CNY 10.65 million a year ago. Basic loss per share from continuing operations was CNY 0.1722 compared to basic earnings per share from continuing operations of CNY 0.0403 a year ago. Diluted loss per share from continuing operations was CNY 0.1722 compared to diluted earnings per share from continuing operations of CNY 0.0403 a year ago.