Guangzhou Hangxin Aviation Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 421.65 million compared to CNY 260.14 million a year ago. Revenue was CNY 421.65 million compared to CNY 260.14 million a year ago.

Net loss was CNY 2.15 million compared to CNY 16.44 million a year ago. Basic loss per share from continuing operations was CNY 0.009 compared to CNY 0.0685 a year ago. Diluted loss per share from continuing operations was CNY 0.009 compared to CNY 0.0685 a year ago.