Beijing Jingcheng Machinery Electric Company Limited reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 274.72 million compared to CNY 279.77 million a year ago. Revenue was CNY 274.72 million compared to CNY 279.77 million a year ago.

Net loss was CNY 15.76 million compared to CNY 1.25 million a year ago. Basic loss per share from continuing operations was CNY 0.03. Diluted loss per share from continuing operations was CNY 0.03.