Aoyuan Beauty Valley Technology Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 325.7 million compared to CNY 312.22 million a year ago. Revenue was CNY 325.7 million compared to CNY 312.22 million a year ago.

Net loss was CNY 22.51 million compared to CNY 38.78 million a year ago. Basic loss per share from continuing operations was CNY 0.0295 compared to CNY 0.0496 a year ago. Diluted loss per share from continuing operations was CNY 0.0295 compared to CNY 0.0496 a year ago.