Changbai Mountain Tourism Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 69.61 million compared to CNY 20.75 million a year ago. Revenue was CNY 69.61 million compared to CNY 20.75 million a year ago.

Net loss was CNY 4.14 million compared to CNY 34.57 million a year ago. Basic loss per share from continuing operations was CNY 0.02 compared to CNY 0.13 a year ago. Diluted loss per share from continuing operations was CNY 0.02 compared to CNY 0.13 a year ago.