Zhejiang Jihua Group Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 411.43 million compared to CNY 609.77 million a year ago. Revenue was CNY 411.43 million compared to CNY 609.77 million a year ago.

Net loss was CNY 17.27 million compared to CNY 2.09 million a year ago. Basic loss per share from continuing operations was CNY 0.025 compared to CNY 0.003 a year ago. Diluted loss per share from continuing operations was CNY 0.025 compared to CNY 0.003 a year ago.