Anhui Anli Material Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 434.03 million compared to CNY 484.42 million a year ago. Revenue was CNY 434.03 million compared to CNY 484.42 million a year ago.

Net loss was CNY 14.03 million compared to net income of CNY 169 million a year ago. Basic loss per share from continuing operations was CNY 0.0647 compared to basic earnings per share from continuing operations of CNY 0.7911 a year ago. Diluted loss per share from continuing operations was CNY 0.0647 compared to diluted earnings per share from continuing operations of CNY 0.7911 a year ago.