Xi'an Tianhe Defense Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 80.77 million compared to CNY 93.6 million a year ago. Revenue was CNY 80.77 million compared to CNY 93.6 million a year ago.

Net loss was CNY 21.78 million compared to CNY 7.2 million a year ago. Basic loss per share from continuing operations was CNY 0.04 compared to CNY 0.01 a year ago. Diluted loss per share from continuing operations was CNY 0.04 compared to CNY 0.01 a year ago.