Zotye Automobile Co., Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 162.81 million compared to CNY 125.01 million a year ago. Revenue was CNY 162.81 million compared to CNY 125.01 million a year ago.

Net loss was CNY 187.64 million compared to CNY 156.74 million a year ago. Basic loss per share from continuing operations was CNY 0.04 compared to CNY 0.03 a year ago. Diluted loss per share from continuing operations was CNY 0.04 compared to CNY 0.03 a year ago.