Langfang Development Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 84.9 million compared to CNY 77.89 million a year ago. Revenue was CNY 84.9 million compared to CNY 77.89 million a year ago.

Net loss was CNY 3.43 million compared to CNY 6.91 million a year ago. Basic loss per share from continuing operations was CNY 0.009 compared to CNY 0.0182 a year ago. Diluted loss per share from continuing operations was CNY 0.009 compared to CNY 0.0182 a year ago.