China Enterprise Company Limited reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 387.81 million compared to CNY 686.58 million a year ago. Revenue was CNY 387.81 million compared to CNY 686.58 million a year ago.

Net loss was CNY 269.56 million compared to CNY 109.9 million a year ago. Basic loss per share from continuing operations was CNY 0.05 compared to CNY 0.02 a year ago. Diluted loss per share from continuing operations was CNY 0.05 compared to CNY 0.02 a year ago.