Beijing Kingee Culture Development Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 564.33 million compared to CNY 613.7 million a year ago. Revenue was CNY 564.33 million compared to CNY 613.7 million a year ago.

Net loss was CNY 164.46 million compared to CNY 123.84 million a year ago. Basic loss per share from continuing operations was CNY 0.17 compared to CNY 0.13 a year ago. Diluted loss per share from continuing operations was CNY 0.17 compared to CNY 0.13 a year ago.